comparative study of micro insurance products

Micro Insurance in India is beginning from the financial institutions’ activities i.e., they hedge their own risks while lending to poor under requirements of direct lending. In India, guaranteed through poverty alleviation programs by Government. These are built into credit package as compulsory elements development unorganized sector. Both life and General insurance companies have issued various products for those who not financially strong enough buy premium products. For comparing products, total top three form sector (inclusive public private companies) been selected on basis annual being received. Out one (i.e. Life Company) consists related such Corporation Public two DHFL Pramerica Company Limited Shriram business. All these businesses were chosen based amount collected (2015-16).