impact of insurance on socio economic life
okay welcome to my Channel please like comment and subscribe here I'm going to tell you about impact of insurance and social economy life here uh we will due to impact of insurance in social economyal life insurance in people's lives has a major influence on social economic life both those who are directly involved in Insurance activities and those who are indirectly involved in it the impact of insurance is profiles product production against possible lose in the future and invest some of the funds collected from policyholders in the form of insurance premium into various policyholders in the form of insurance premium in safarious economic sectors the effect of insurance on social economy life give a sense of security the main motivation that drives the period of the insurance business is the instinctive charge the exit in everyone namely the desire for security virgin the physiological aspect may be manifested in attitude or may also lead to new editors because they require a mean of satisfying their desires for a sense of security one way to fulfill to need desire for security is through insurance
with this insurance most of the uncertainty which is curtained on the desire to gain a cent of security again curtain dangers will be eliminated so that is can create a calm mood and a peaceful heart protecting families from spills the life insurance company will provide compensation if the insured dies during the contract the provision of such compensation will be something that is truly a proprietor because it comes at the time when it is most need namely the needs for funds to continue family life where the main search of income is loose the compensation money result will be one one of the tools to maintain family Harmony and integrity eliminate addiction dependence can be reduced as previously when the condition of the parents are still healthy and strong an insurance program has been alleged to anticipate the dependence for example struck a scholarship insurance project to avoid children's
dependence on the goods of Education where if the incompetency and incapacity arrives of the parents die the children will get the cause of continuing their education and the insurance company actually it is not the main function of insurance but the activities Carry Out by insurance companies have to fall but in such a way uh that they play an important role in providing the funds needs for various starts of activities and economic development the role of insurance in general studying social economic activities uh that this insurance has several lose in social economic activities in our country such as completing credit recruitment a Clarity and piece of economic growth reducing Capital costs ensuring organizational or company's stability considering the magnitude of a incident goes in a more certain way encouraging profession award and helping efforts to improve health conversation that is uh the impact insurance for social economy life to our country that life we need insurance to be better our economic life
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