SHCIL ONLINE - Insurance :: I N T R O D U C T I O N

careers

	Introduction		LIC

	Features		NIA

Introduction

Insurance is a contract between two parties whereby one party agrees to undertake the risk of another in exchange for consideration known as premium and promises to pay a fixed sum of money to the other party on happening of an uncertain event (death) or after the expiry of a certain period in case of life insurance or to indemnify the other party on happening of an uncertain event in case of general insurance.

shcil.insurance@stockholding.com

022 -22850543

OR Contact any Branch

The party bearing the risk is known as the 'insurer' or 'assurer' and the party whose risk is covered is known as the 'insured' or 'assured'.

SHCIL is a Corporate Agent of Insurance Regulatory Development Authority. SHCIL facilitates Life Insurance cover to its esteemed clients through LIC of India. General Insurance needs are catered vide The New India Assurance Company Ltd. SHCIL has IRDA certified personnel who understands the client’s profile/ risk appetite and offer the right cover/product mix to meet their needs. It is backed by a strong Research Team.