Life insurance is of paramount importance for protecting human lives against accidents, causalities and other types of risks. Life insurance has been dominated by public sector in India; however, with the liberalization of Indian economy, private sector entry in life insurance has got momentum....

Since the opening up of the economy and reforms in the banking sector in India, rural finance is in back foot. To keep the momentum of the growth at present level India needs to serve the financial need of the excluded masses to bring them into the main stream of developmental process. This...