VIABILITY AND RELEVANCY OF INSURANCE PRODUCTS SOLD TO INDIVIDUALS AND BUSINESSES
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Insurance is simply a product to transfer risk from a person who cannot bear the risk to a person who is willing to bear that risk. To compensate the latter, the former pays a commission known as an insurance premium. It helps business in a long run to maintain stability
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The maintenance of law and order in district is the principal duty of the District Collector. ... As an Executive Magistrate, he was responsible for the maintenance of law and order and as a JudicialMagistrate, he was responsible for the trial of criminal and civil cases by interpreting the laws.
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