CUSTOMIZED NMIMS SEP 2021 ASSIGNMENTS Considering the curr

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Insurance & Risk Management

1. Considering the current pandemic situation across the globe, write a brief note to Head HR of IT Company on why they have to allow you as an Insurance Advisor to the company to ensure maximum financial security to the company s employees. (10 Marks)

2. Jayprakash was informed by one of his friends that home insurance comes with a
unique feature of paying the medical expenses of other party. Do you also agree with this? As an insurance consultant can you share the various products available under home insurance and break the myth. (10 Marks)

3. M/s Secure Oil Industries Pvt. Ltd. Is one of the leading groundnut oil manufacturing companies? The company has 4 big manufacturing plants 2 in Maharashtra, 1 in Punjab and 1 in Kerla. The company has total employee strength of around 1500 manufacturing workers and 250 management staff. The CEO of the company called you up to understand how he can protect his company with various hazards. He is expecting you to provide him solution for:

a. Financial protection against any unforeseen event in factory premises. (5 Marks)

b. Any cost arises due to damages and how they are protected. (5 Marks)
For Nmims answersheets contact
[email protected]
+91 95030-94040