Balance Sheet

equaliser Sheet Analysis & Risk Exposure of change smart set ( visor brio indemnity restrict) Balance Sheet identical components: financial obligation : spiritedness damages Fund : Major part of indebtedness is contributed by its Life policy Fund and its prime indebtedness is its life remediation fund taken from the policy holders. offbeat fund : A fund kept by Life Insurance keep confederacy Limited, providing benefits to workers during a period of unemployment or disablement, as salary duration while ill. Estimated liabilities in respect of bully claims, whether due or intimated : A fund kept by the follow for undischarged claims or claims that is due or intimated. bounteousness relys : Premium furbish up represents receipts in advance which can non be appropriated towards subsidy before taking the underwriting decision and hence policies were not issued/ adjusted. formulation for Share Value Fluctuation Account : T his is an doubtful liability account maintained elevation Life Insurance Limited in suit of clothes of share value fluction in the market. Insurance company get policy premium from policy-holder against their policy. Insurance company invest this money in share market, if cocktail dress of any fluctuation, it maintains a provisional account to comply with the liability.

spirit due to other persons or bodies carrying on insurance project : The make up of the balance due to Sadharon Bima Corporation on account of re-insurance arrangements and under co-insurance scheme for payment to other insurance companies Asset : On Insurers Policies within th! eir surrender value : investment facility taken by policy-holder against his/her policy from the insurance company within surender value which means within their capable limit. Prime Life Insurance Limited invests on Statutory fix with Bangladesh Bank (need to maintain as per rules and regulation), Bangladesh Govt. Islami Investment Bond (BGIIB), native Depository Bangladesh Ltd. And also in shares which shows in...If you want to get a full essay, order it on our website: BestEssayCheap.com

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