A PROJECT ON

Micro Insurance
In The Subject
Strategic Management
Submitted By
Vivek D. Rabadia
37
M.Com Part I (Banking & Finance)
Under The Guidance Of
Prof.prerna sharma
To
University Of Mumbai
For
Master Of Commerce Programme (Semester 2)
In
Banking & Finance
Year: 2015-16
SVKMS
NARSEE MONJEE COLLEGE OF COMMERCE &ECONOMICS
VILE PARLE (W), MUMBAI 400056.

EVALUATION CERTIFICATE

This is to certify that the undersigned have assessed and evaluated the project on Micro
Insurance submitted by Vivek D.Rabadia student of M.Com. Part - I (Semester 2)
In Banking & Finance for the academic year 2015-16. This project is original to the best of
our knowledge and has been accepted for Internal Assessment.

Name & Signature of Internal Examiner

Name & Signature of External Examiner

Principal

DECLARATION BY THE STUDENT

I, Vivek D. Rabadia student of M.Com. (Part I) In Banking & Finance , Roll No.: 37,
hereby declare that the project titled Micro Insurance for the subject Strategic Management
submitted by me for Semester 2 of the academic year 2015-16, is based on actual work carried
out by me under the guidance and supervision of Prof. Prerna Sharma.I further state that this
work is original and not submitted anywhere else for any examination.

Place: Mumbai
Date: 03rd October, 2015
Name & Signature of Student
Name

: Vivek D. Rabadia

Signature : _________________

ACKNOWLEDGEMENT

Projects have always been fun Learning experience, but with growing age, at this Masters
Level, it surely demands Corporate and Depth Approach.
This project was a great learning experience and I take this opportunity to acknowledge all
those who gave me their invaluable guidance and inspiration provided to me during the
course of this project by my guide.
I would like to thank Mr.Prerna - Professor of Strategic Management.
I would also thank the M.Com Department of NarseeMonjee College of Commerce &
Economics who gave me this opportunity to work on this project which provided me with a
lot of insight and knowledge of my current curriculum and industry as well as practical
knowledge.
Would sincerely thank our coordinator Mr. Harish Sharma for constant guidance over the
projects and curriculums.
I would also like to thank the library staff of NarseeMonjee College of Commerce &
Economics for equipping me with the books, journals and magazines for this project.
I would also like to thank my friends and fellow students who helped me in the cause of the
project.

INDEX
Sr.
No.
1

Introduction to insurance

Introduction to micro insurance

Features of micro insurance

Development of micro insurance in

India
Need for developing micro insurance
in India
Insurance regulatory and development
authority
IRDA(micro insurance)
regulations,2005
Distribution channels

Micro insurance agent

10

Major player in micro insurance

11

Micro insurance product in India

12

Literature review

13

articles

14

Bibliography

5
6
7

Content

Page
no.