Insurance and Financial Market Awareness Definitions PDF Part 2

LIC ADO Important Topics 2023: Insurance Marketing

The insurance marketing section can help you clear the LIC ADO mains exam. There are 2 main parts that make up Insurance marketing. They are: Insurance market awareness and financial awareness.

LIC ADO Syllabus 2023 Insurance Market Awareness

• Introduction and Life Insurance History, General Insurance History, Types of Insurance, Indian Insurance Market, Insurance Current Affairs, Insurance Ombudsman, Bancassurance, and Current insurance schemes
• Sector Insurance Companies, ULIP (Unit Linked Insurance Plan Public), Glossary of Insurance Terms, Private Sector Insurance Companies.
• Abbreviations related to Insurance Industry, Employment State Insurance Scheme (ESIS). Other important topics such as Insurance Awareness, Schemes of Insurance such as PMFBY, PMJJBY, PMSBY, etc.
• LIC ADO Syllabus 2023 Financial Awareness

Indian Financial Market

• Derivative markets and private investment as well as Primary markets and secondary market
• Stock markets and Bond markets
• Capital markets and the government
• Insurance Industry, Mutual Funds, Regulatory Agencies, and Insurance Industry
• Role of Money markets in the financial system
• Special Statutes of Certain Financial Intermediaries and Foreign exchange study of the interbank market
• Financial Stability and Development Council, Establishment of FSDC, International Financial Organization.