United International University

Principles of Banking and Insurance (FIN 3337)

Assignment
“Necessity of Insurance in Everyday life: - Perspective Bangladesh”

Submitted to: -
Eliza Huq (EIH)
Assistant Professor

Submitted by: -
Name ID SL.No Marks
Sadman Ahmed 111 151 292 2

Al Imran Hossian 111 153 041

Nafisa Tasnim 111 153 018

Zaman
Shakila Sultana 111 161 191
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Letter of Transmittal

To

Eliza Huq (EIH)

Assistant Professor
School of Business and Economics
United International University

Subject: - Submission of report on “Necessity of Insurance in Everyday life: - Perspective

Bangladesh”

Dear Madam,

We are very much pleased to submit the report which was assigned to us for the course
Principles of Banking and Insurance (FIN 3337) for the semester summer 2019.

All the works presented here is done with utmost sincerely and honestly. We have tried our level
best to make this report holistic and informative enough and writing this report we have followed
the instructions that were given in class, and also applied relevant concepts that we have learnt
throughout our course. Working with such an interesting assignment has given us the opportunity
to achieve knowledge and experience. We are always available for any further quarries regarding
this Term Paper.

Finally, we would like to express our gratitude for your supportiveness.

Yours sincerely,

Sadman Ahmad

On behalf of group
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Acknowledgement
All praise to Allah!

I would like to convey my thanks to a number of persons who helped me in completing this
dissertation. The endeavor and strain undertaken by those cannot be left without recognition.
First of all, I am immensely grateful to my respective Course Teacher,, Eliza Huq (EIH)Assistant
Professor at United International University for her guidance, valuable & thoughtful comments,
and suggesting. We are very grateful to him for giving us inspiriting and encouragement
throughout our study. Her untiring patience & attention to detail enable us to complete this
dissertation & get it into its present form. However, all its limitations are considered.

Secondly, I would like to convey my thanks to people providing us with valuable information
that was very much needed for the completion of this report.

Finally, our sincere gratitude goes to our friends & classmates who helped us whenever we
needed.

Despite our sincere efforts, there may appear some shortfalls in the report. We apologize for any
such unintentional errors.
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Executive Summary:-
The development of a country depends up on the consolidate development of all infrastructures
like-agricultural sector, industrial sector, financial sector, technological sector etc. But
developing all these structures is not easy. A lot of troubles and threats always hinder and make
difficulties to success. The most difficult problem is financial risk. So if it is feasible to provide
financial protection then most of the structural development will be achievable with minimal
efforts. And the most well-known practical method for handling financial risk is insurance .Delta
Life Insurance Company Limited was incorporated in November 10, 1986 and is mainly engaged
in Ordinary Life (OL), Group Insurance (GI), Health Insurance (HI) business and non-traditional
micro insurance business under the name of Gono-Grameen Bima (GN-GRB). The Company is a
publicly traded Company and its shares are listed on the Dhaka Stock Exchange and Chittagong
Stock Exchange. However, we have prepared this report on Delta Life Insurance Co. Ltd, which
is one of the growing and prospective insurance companies in the insurance industry. The
company is providing protection and financial security to the nation, whilst adding shareholders
value thought customer service excellence. By the way of examining and evaluation the
functions and performance of Delta Life Insurance Co. Ltd, I tried to illustrate a true scenario of
insurance industry of Bangladesh.
Contents
Letter of Transmittal.................................................................................................................................ii
Acknowledgement.....................................................................................................................................iii
Executive Summary:-...............................................................................................................................iv
Introduction:-............................................................................................................................................1
Objective: -.................................................................................................................................................1
Limitations: -.............................................................................................................................................1
Delta Life Insurance Company Overview:-............................................................................................1
Products: -..................................................................................................................................................4
Financial Growth last 4 Years comparisons: -......................................................................................12
Highlights of Business Growth, 2017.....................................................................................................13
Our Strength: -........................................................................................................................................13
Recommendation: -.................................................................................................................................14
Conclusion: -............................................................................................................................................15
 1

Introduction:-
We prepared the report according to our assign topic Life Insurance company. So we choose
Delta Life Insurance company for our assignment. Delta Life Insurance company is one top
leading insurance company in our country. In that report we tired to figure out what type of
policy they offer, about their services, their financial position and make some comparison with
other insurance companies.

Objective: -
Our objective is to find out the overall activities of Delta Life Insurance Company ltd. Also
about their services, their financial growth, their policies.

Limitations: -
Due to shortage of time we did not collect secondary data, but after all we gave our maximum
effort to collect the information from all the secondary sources.

Delta Life Insurance Company Overview:-

December 17, 1986. The journey of Delta Life Insurance Company began. Since then, it is only a
forward march. The company emerged under the prudent leadership of its founder Chairman and
Managing Director Late Shafat Ahmed Chowdhuri, Actuary, as the government permitted the
operation of insurance business in private sector in the mid 1980s. Delta Life extended its
operation through a combination of traditional and innovative life policies. Apart from Ordinary
Life, Group and Health Insurance, Gono Grameen Bima is an immensely popular scheme among
rural folk. This is to be noted that Delta Life introduced micro insurance scheme for the first time
in Bangladesh; while its operation has set an example of its kind. Gono Grameen Bima is highly
admired both at home and abroad and has opened a new vista in the realm of life insurance. Also,
it has played a crucial role in popularizing insurance in Bangladesh. Delta Life provides different
types of insurance services through its array of products catering to the need of people belonging
to different strata of the society. Our services provide traditional insurance coverage along with
savings: Ordinary Life, Gono-Grameen Bima, Group & Health Insurance. Delta Life is
 2

conducting its operation through 1000 plus offices across the country; while around 20,000 field
forces are taking the service at the door step of the mass people.

Mission: -

The avowed mission of the company was to bring the advantages of insurance to the home of the
masses and to establish it as a safe and lucrative means of investment. 

Vision

 We will be the premier life insurance company in Bangladesh

 We will serve our customers with respect and will provide the best solution for their
needs.
 We will be a Company with qualified professionals who will work together as a team and
serve with dignity and the highest level of integrity. We believe in excellence and will
continuously improve our service and will obtain the loyalty of our customers with
service beyond their expectations.
 Adding Value" will be the operative words of our organization.
Goal

 Provide financial security to our customers with insurance policies that are most suitable
for them.
 Make life insurance an easy saving instrument and a profitable one with attractive bonus
and improved customer service.
 Collect small savings from the people of our country and invest the accumulated savings
in profitable nation building enterprises.
 3

Board of Directors:-
1. Lt. General M. Noor Uddin Khan, PSC(Retd.)
2. Chairman, Board of Directors
3. Mr. Monzurur Rahman
4. Director
5. Mr. Kazi Fazlur Rahman
6. Independent Director
7. Mrs. Suraiya Rahman
8. Director
9. Mr. Zeyad Rahman
10. Director
11. Ms. Saika Rahman
12. Director
13. Mr. Salahuddin Ahmad
14. Independent Director
15. Mr. Saif Khondoker
16. Director
17. Mr. Mohammad Shams-ul-Islam
18. Director
 4

Products: -
Delta Life Insurance actullay offer five Policies under those there are many polices included. The
five polices are given bellows: -
1. Ordinary Life Insurance
2. Gono Grammen Bima
3. Group Life Insurance
4. Health Insurance
5. Overseas Mediclaim Policy

1.Ordinary Life Insurance: -

Delta Life offers diverse ordinary life insurance schemes in accordance with the need of
dissimilar people. Our insurance policies have more flexibility in terms of coverage, term,
payment mode, supplementary policies, allowing the policyholder to choose the coverage they
want. We are providing excellent world class services through our 28 Servicing Cell/Centre and
206 Agency Offices all over Bangladesh. Approximately 8000 development officers are at your
door step to give you best solution.
 Endowment Insurance Plan - 01
Endowment Insurance Plan is the most popular and commonly available Insurance Plan. The
main object of this plan is to ensure financial security of you and your family. It pays you the
amount of money that you have decided to fix as Sum Assured and earned bonus at maturity or
in unfortunate loss of life.
 One-Two-Three Endowment Insurance Plan - 02
One-Two-Three Endowment Insurance Plan provides a better value of your money in the event
of undesirable circumstances by paying a variable benefit amount to keep your family financially
independent and to protect your family from the financial shortfall that arises from the
irrecoverable loss of your life due to accident and disease. It lets you decide how much you
would like to set as your Sum Assured just for your basic life cover based on your current
financial position and your expected future expenses which accelerates to double on loss of life
due to disease and triple on loss of life due to accident
 Three Payment Insurance Plan - 03
The main objective of Three Payment Insurance Plan is to provide emergency financial support
to the policy holder during the term of the policy as well as much needed financial security to
family in case of unfortunate loss of life. It lets you decide how much you would like to get back
before the maturity by deciding on the amount of Sum Assured for your life cover based on your
current financial position as well assurance of financial return for your family in case of your
untimely death.

 Biennial Payment Plan - 04

The main objective of Biennial Payment Plan is to provide financial support to the policy holder
on regular basis during the term of the policy as well as much needed financial security to family
in case of unfortunate loss of life. It lets you decide how much you would like to get back before
 5

the maturity by deciding on the amount of Sum Assured for your life cover based on your current
financial position as well assurance of financial return for your family in case of your untimely
death.
 Flexible Insurance Plan - 16
The main objective of Flexible Insurance Plan is to provide not only emergency financial support
to the policy holder during the term of the policy as well as much needed financial security to
family in case of unfortunate loss of life but also a flexible payment option so that the policy
holder can get a tailored scheme according to his or her needs. It lets you decide how much you
would like to get back before the maturity by deciding on the amount of Sum Assured for your
life cover based on your current financial position as well assurance of financial return for your
family in case of your untimely death.
 Endowment Plan with Guaranteed Profit (21)
This policy will give you guaranteed profit fixed at 4%. Sum Assured along with Accrued Bonus
at 4% will be paid at maturity or in unfortunate loss of life.
 Endowment Insurance Plan – Without Bonus (41A)
The main objective of this plan is to ensure financial security of you and your family. It pays you
the amount of money that you have decided to fix as Sum Assured at maturity or in unfortunate
loss of life.
 Five to One Endowment Insurance Plan (05)
The main objective of Biennial Payment Plan is to provide financial support to the policy holder
on regular basis during the term of the policy as well as much needed financial security to family
in case of unfortunate loss of life. It lets you decide how much you would like to get back before
the maturity by deciding on the amount of Sum Assured for your life cover based on your current
financial position as well assurance of financial return for your family in case of your untimely
death.
 Double Benefit Endowment Insurance Plan – 05A
This policy is for someone has a lump sum amount of money that he or she would like to put
aside and watch it grow. In this policy, you pay the full premium once and get twice the amount
of Sum Assured after ten years. In case of earlier death during the term of policy, your nominees
get the same treat. This will help you ensure the financial security for yourself as well as your
family in case you are not around to support them.
 Double Benefit Endowment Insurance Plan (05B)
This policy is for someone has a lump sum amount of money that he or she would like to put
aside and watch it grow. In this policy, you pay the full premium once and get one and half time
the amount of Sum Assured after seven years. In case of earlier death during the term of policy,
your nominees will get double the sum assured. This will help you ensure the financial security
for yourself as well as your family in case you are not around to support them.
 Education Expense Insurance Plan - 06
With the ever-increasing education expenses in the present situation, the main objective of this
policy is to provide support for your child’s proper education. Under this policy, you can be well
prepared for your child’s future higher education expenses by paying a variable amount of
money on regular basis for fixed term. Upon maturity of the policy or in the event of the
unfortunate event of your death, this money will be paid to your child as annual stipend paid
quarterly to cover his or her education expense. Even better, the amount of stipend paid annually
increases at 7% compound rate to keep up with the increasing educational cost.
 6

 Tri-Dimensional Insurance Plan (07)

This Insurance Scheme was designed to provide support to the high cost of treatment of major
disease. It will provide much needed financial security to family in case of unfortunate loss of
life or at the maturity. However, in case of several major diseases, this policy will also support
you financially to cover the cost of treatment. And the good thing is with a very small additional
premium you can also include your spouse under this policy.
 Tri-Dimensional Insurance Plan (07A)
This insurance scheme is similar to ‘Tri-Dimensional Insurance Plan (07)’ with longer policy
term option. If you want to avail all the exclusive benefits of 07 Scheme but at from an earlier
age this is the Policy Scheme for you. Under this policy, you can be covered from the age of 18
until you reach 60. That’s a whopping 42 years of risk coverage
 Child Protection Plan - 11
Today’s child is tomorrow’s responsible citizen. The principle objective is to provide future for a
child by ensuring his or her financial security. Under this policy, you can put aside a fixed
amount of money for your child and this savings will ensure a bright future for him in turn.
 Moving Term Insurance Plan (67)
The key attraction of this scheme is an open-ended policy. That means after completing the
minimum term, the policy holder may continue the policy as long as he or she desires until the
age of 65. Whenever the policy holder decides to complete the policy he or she will receive all
the premium paid along with profit. If the policy holder dies while the policy is running, nominee
will receive the all the paid premium plus sum assured. However, if the policy completion
benefit is higher than the death benefit, Policy Completion Benefit will be paid.
 Moving Term Insurance Plan (67)
The key attraction of this scheme is an open-ended policy. That means after completing the
minimum term, the policy holder may continue the policy as long as he or she desires until the
age of 65. Whenever the policy holder decides to complete the policy he or she will receive all
the premium paid along with profit. If the policy holder dies while the policy is running, nominee
will receive the all the paid premium plus sum assured. However, if the policy completion
benefit is higher than the death benefit, Policy Completion Benefit will be paid.
 Multiple Security Insurance Plan (14)
This insurance scheme covers financial needs in all sort of difficult times a person may face.
Under this Policy, Sum Assured is calculated on unit basis. Coverage is provided for unfortunate
event of death both normal & accidental as well physical disability caused by accident. Some
major diseases are also covered under this policy.
 Advance Payment Endowment Insurance Plan (15)
The key feature of this scheme is you will only have to pay premium for the first half of the
policy term and you will also get the maturity benefit at the end of the first half of the policy
term. However, your life risk will be covered for the entire term of the policy and in case of
unfortunate loss of life during the second half of the policy the beneficiaries will receive the full
coverage amount as death benefit
 Endowment Plan with Guaranteed Profit (21)
This policy will give you guaranteed profit fixed at 4%. Sum Assured along with Accrued Bonus
at 4% will be paid at maturity or in unfortunate loss of life.
 Amulya Jeevan Term Insurance Plan – (58)
 7

The main objective of Amulya Jeevan Term Insurance Plan is to ensure financial security for
policy holder’s family in case of unfortunate loss of life. As the rate of the premium is very low
anyone can avail the Risk Coverage at almost no cost.
 Money Back Term Insurance Plan – without Profit (57A)
The main objective of Money Back Term Insurance Plan is to provide much needed emergency
financial support to the policy holder’s family in case of unfortunate loss of life. The rate of the
premium is very low compared to other endowment schemes as savings is not a main
considerable factor here.
 Money Back Progressive Term Insurance Plan - 59A
The main objective of Money Back Term Insurance Plan is to provide much needed emergency
financial support to the policy holder’s family in case of unfortunate loss of life. The rate of the
premium is very low compared to other endowment schemes as savings is not a main
considerable factor here.
 Money Back Term Insurance Plan – with 10% Guaranteed Profit (65A)
The main objective of Money Back Term Insurance Plan is to provide much needed emergency
financial support to the policy holder’s family in case of unfortunate loss of life. The rate of the
premium is very low compared to other endowment schemes as savings is not a main
considerable factor here.
 Money Back Term Insurance Plan – with 25% Guaranteed Profit (66A)
The main objective of Money Back Term Insurance Plan is to provide much needed emergency
financial support to the policy holder’s family in case of unfortunate loss of life. The rate of the
premium is very low compared to other endowment schemes as savings is not a main
considerable factor here.
 Probaha (Pension) Bima – without Profit (72A)
After working all your life this policy gives you much needed financial support during post
retirement. The policy holder can enjoy the benefit as monthly payment in the form of pension.
The premium payment would be waived for the remaining term of the policy you become
permanently disabled due to illness or accident during the term of the policy. If case of
unfortunate loss of life before the commencement of pension payment, the nominee will get the
full sum assured. If you die during the pension payment term, your nominated beneficiary will
get the remaining amount of the Sum Assured. If you survive the pension payment term, you will
keep getting the pension at usual rate until death
 Probaha (Pension) Bima – without Life Risk 72B
After working all your life this policy gives you much needed financial support during post
retirement. This policy is for those who actually are past the maximum age required to purchase
a regular policy but are very inclined to get one for the financial security for him as well his
loved ones. The policy holder can enjoy the benefit as monthly payment in the form of pension.
If case of unfortunate loss of life before the commencement of pension payment, the nominee
will get back the paid premium (except first year premium) till the date of death with 6%
compound profit. If you die during the pension payment term, your nominated beneficiary will
get the remaining amount of the Sum Assured. If you survive the pension payment term, you will
keep getting the pension at usual rate until death.
 Probaha (Pension) Bima – 72C
After working all your life this policy gives you much needed financial support during post
retirement. This policy is for those young individuals who do not like to pay premium for
extended period of time but still prefer to get the benefit of pension policy. The policy holder can
 8

enjoy the benefit as monthly payment in the form of pension. The premium payment would be
waived for the remaining term of the policy you become permanently disabled due to illness or
accident during the term of the policy. If case of unfortunate loss of life before the
commencement of pension payment, the nominee will get the full sum assured. If you die during
the pension payment term, your nominated beneficiary will get the remaining amount of the Sum
Assured. If you survive the pension payment term, you will keep getting the pension at usual rate
until death.
 Increasing Probaha (Pension) Bima – 72D
This policy was designed keeping in mind the continuously increasing living expenses. That’s
why the pension under this policy increases at 10% compound rate at every two years. The
policy holder can enjoy the benefit as monthly payment in the form of pension. The premium
payment would be waived for the remaining term of the policy you become permanently
disabled due to illness or accident during the term of the policy. If case of unfortunate loss of life
before the commencement of pension payment, the nominee will get the full sum assured. If you
die during the pension payment term, your nominated beneficiary will get the remaining amount
of the Sum Assured. If you survive the pension payment term, you will keep getting the pension
at usual rate until death.

2.Gono-Grameen Bima
Delta Life is the pioneer in Micro-Insurance in Bangladesh. Delta life started Micro-Insurance in
1988 through Grameen Bima project. The objective was to bring the low income people who
comprise the larger portion of the society under the umbrella of insurance and create a habit of
regular savings through insurance. With the products of Gono-Grameen Bima, Delta life is
ensuring socio-economic protection to the low income people for the last 30 years.

1. Monthly Savings Endowment Plan (With Profit)-471

The objective of this plan is to ensure financial security for you and your family through monthly
small savings & risk coverage. Sum Assured with accrued bonus is paid at maturity of the policy
or at unfortunate loss of life during the term of the policy.
2. Quarterly Savings Endowment Plan (With Profit)-472
The objective of this plan is to ensure financial security for you and your family through
quarterly small savings& risk coverage. Sum Assured with accrued bonus is paid at maturity of
the policy or at unfortunate loss of life during the term of the policy.
3. Endowment Insurance Plan (With Profit)-401
This plan provides for financial security for low income people and their family & risk coverage.
Any amount of Sum Assured may be chosen according to premium payment capability. Sum
 9

Assured with accrued bonus is paid at maturity of the policy or at unfortunate loss of life during
the term of the policy.
4. Single Premium Endowment Plan-405
This plan is made for those who avoid payment of premium in installments and want to invest a
handsome amount at a time. Premium is equal to Sum Assured & paid in advance.
5. Daughter's Marriage Endowment Plan-442
A daughter is considered to be a symbol of good luck to a family. Many of the low income
family don’t have the capability to get their beloved daughter married according to social norms.
Due to this reason by taking this policy within 2 to 13 years of a daughter’s birth anybody can
secure bright future of his/her daughter.

3.Group Life Insurance

It is the most cost-effective way of providing immediate financial support to the insured
employee of an organization and/or his family members in the catastrophic event of death. There
are schemes under Group Life Insurance where there is provision of premium refund or payment
of sum assured on retirement or maturity, in addition to death risk coverage. It provides a
financial safety net to employees and their families. Knowing they can benefit from such
coverage is reassuring for both the employers and their employees.

BENEFITS FOR THE EMPLOYER

 Group Life Insurance protects Employers investment when an employee becomes ill.

 Maintain a good rapport with employees as an important benefit component

 Helps to retain competent and skilled manpower

 Creates a sense of gratitude towards the employer

 Creates an organization brand.

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BENEFITS FOR THE EMPLOYEE

 Opportunity to obtain basic coverage for all without evidence of insurability.

 Significantly low costs

 Cost sharing with the employer.

 Assurance of Financial Security in case of catastrophic events like death or disability

TRAVEL HEALTH INSURANCE

This is a distinctive “Short Term Health Insurance Policy” issued to Bangladeshi Nationals as
well as resident Foreigners living in Bangladesh who intend to travel abroad for Official,
Business, or Holiday trip. It is also a pre-requisite for Visa application of developed countries
especially Schengen states.

BASIC INFORMATION ABOUT "OVERSEAS MEDICLAIM POLICY"

 Policy has to be taken before traveling abroad.

 Policy is issued only to Bangladeshi Nationals & Resident Foreigners.

 Policy Premium depends on “Age of Proposer” and “Duration of Trip”.

 Any “Alteration”, should be made before “Policy Commencement Date”.

 Insurance coverage under the policy is offered for:

o Emergency medical treatment of illness & accident

o Transport and repatriation in case of illness & accident

o Repatriation of mortal remains.

 Coverage shall not include any assistance in relation to:

 11

o Pre-existing medical condition.

o Mental Illness and Suicide,

o Pregnancy & Child Birth.

 Maximum limit of insurance coverage:

o If the trip do not include USA/Canada:

 Euro 30,000 for visit to Schengen Countries (without any deductible).

 US$ 50,000 for visit to Non-Schengen Countries (with deductible of US

$100)

o If the trip includes USA/Canada:

 US$ 1,00,000 (with deductible of US $100)

FEW OTHER IMPORTANT ASPECTS OF OVERSEAS MEDICLAIM POLICY

 "Proposal Form" may be downloaded from our website.

 Physical presence or photograph of proposer is not required to take out a policy.

 One stop service for policy issue at 11th floor of Delta Life Tower.

 Only about an hour is required to issue an Overseas Mediclaim Policy.

 Policy is issued to Individuals from the age of 6 months up to 79 years.

 Policy from Delta Life Insurance is universally accepted by all Embassies.

 12

Financial Growth last 4 Years comparisons: -

In Millions Amount

Particulars 2014 2015 2016 2017

Net premium 5,405.13 5,547.54 5,839.61 6,175.05

Claims paid 3,946.59 4,245.97 4,887.22 5,337.41

Investment Income 3,002.76 3,067.64 2,850.29 3,388.70

Chart Title
7,000.00

6,000.00

5,000.00

4,000.00

3,000.00

2,000.00

1,000.00

0.00
Net premium Claims paid Investment Income

2014 2015 2016 2017

 13

Highlights of Business Growth, 2017

We managed to increase our total Investment and other income to Tk.345.41 crore in 2017from
Tk.291.14 crore in 2016, a whopping increase of 18.64% amounting to Tk.54.27 crore. Total
income increased to Tk.962.91 crore in 2017 from Tk.875.09 crore in 2016.

We paid out Tk.705.08 crore, of which claims paid to policyholders were Tk.533.74 crore, an
increase from Tk.488.72 crore in 2016, which is 9.21% more. However, we kept our
management expenses under strict control and it only increased by Tk.1.49 crore (0.88%)to
Tk.171.35 crore in 2017 from Tk.169.86 crore in 2016.

Our Strength: -

 provide a safety net for all income groups in Bangladesh, irrespective of cast, creed or
religion, be he/she a high net worth person in the city or a poor person in the remotest
village of rural Bangladesh.

 it our job to increase the intrinsic business value of Delta Life Insurance Company for the
benefit t of all our stakeholders and for the people of Bangladesh.

 Be a technology enabled company to provide quality service fast, and at the lowest price
possible

 To service our customers better, faster and more reliably with improved internal controls,
we have worked painstakingly to develop cutting edge information technology over the
last four years.

 We have invested heavily in buying the latest computers and technology to set up our
central data center, which is connected with our office throughout the country
 14

Recommendation: -
It is an auspicious for Delta Life as a well reputed leading insurance company of Bangladesh.
This has been able to attract customer. Delta Life facing extensive competition from the new
entrants and the other insurance company. So, to increase market share and to retain customers it
should take proper policy and strategies that can play vital role on the present competitive
situation in the insurance sector. 
 15

Conclusion: -

Delta Life Insurance Company is one of the leading insurance Company in Bangladesh. The
performance of Delta life Insurance company is getting better day by day. Its premium, assets,
claims are getting better in last four years. Through that study we overall conclude that our Delta
life insurance plays the major part in life insurance sectors. Its policies, offers and its financial
position are the big indication that people are choosing life insurance policies better way than
previous decades. So to create that sort of trustworthiness delta life insurance play an important
role.