Blended Training Program – Batch Commenced on _________

Learning Diary – Day 2

Personal Details:
First Name RAHUL Location CHHATARPUR
Last Name TIWARI Zone NORTH

Please type in at least 1 key learning that you derived from each session, at the end of the session. We may
ask you to sum up the session at the end of the day. Once you have done this for all the sessions, please
upload this on the portal, latest by 18:30 hours today.

My Key Learning for Day 2: __18/04/2024________

# Session Key Learning
Life insurance is the insurance that pays out a sum of
money either on the death of the insured person or after a
set period
Concept of Life
1
insurance

1 - Utmost good faith

2 - Insurable Interest
Principles of 3 - Principal of indemnity
2
Life Insurance

1 - Proposer is the owner of the policy

2 - Life assured or insured is the person whose life is covered
in the insurance contract
3 - Appointee is the guardian of the nominee, in case the
3 Entities nominee is a minor.

Term, premium, mortality, bonaus loading, surrender value

4 Terminologies

HUMAN LIFE VALUE

Human Life
5
Stages
 Inflation
Goal based planning
Planning for
6
Goals

Term policy
Whole life policy
Type of Life
7 Insurance Endowment policy
Product
Money back policy
Unit linked insurance policy