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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 8 / 2058 | 
                
    
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Thus, an Insurance company sells services and therefore services are their product.
In India, the Life Insurance Corporation of India (LIC) and the General Insurance Corporation (GIC) are the two leading [pic]companies offering insurance services to the users. Apart from offering life insurance policies, they also offer underwriting and consulting services...
        
        
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Apart from offering life insurance policies, they also offer underwriting and consulting services.
When a person or an organisation buys an Insurance policy from the insurance company, he not only buys a policy, but along with it the assistance and advice of the agent, the prestige of the insurance company and the facilities of claims and compensation...
        
        
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            General points of the essay
            
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