A

PROJECT REPORT
ON

Home Insurance

In the partial fulfillment of the award of the

degree of
BACHELOR OF COMMERCE (B.COM
VOCATIONAL) INSURANCE
Session-2015-2016
Under the Guidance
Dr. Sanjeev Sharma
Asstt. Professor
160030931105

Submitted by
Karan Sisodiya
Roll No.
Enrol. No. A-13315776
B.Com (Voc.) IIIrd Year
(Insurance)

Founded 1850

ST. JOHNS COLLEGE, AGRA

PREFACE
Insurance is over one and one-half centuries old in India. The First
general insurance company, Titan Insurance Company Ltd., was
established in 1850.Life insurance came to India from the U.K. in
1880, with the establishment of the Oriental Life Assurance Company
in Calcutta. By 1938, the insurance market was buzzing with 176
companies--both life and non-life. In 1956, the Government of India
recognized that malpractice had entered the management of the life
insurance. Consequently, the life insurance industry was nationalized
under the Life Insurance Corporation (LIC) of India. Although efforts
were made to maintain an open market for the general insurance
industry by amending the Insurance Act of 1938 from time to time,
malpractice escalated beyond control. Thus, the general insurance
industry was nationalized in 1972.

STUDENTS DECLARATION
I DAU MITTAL student of B.Com IIIrd (Vocational Insurance) from St. Johns
College Agra affiliated to Dr. B.R. Ambedkar University, Agra hereby declare
that all the information, facts, and figures presented in this report are tirst hand
in nature. They are based on the project report conducted on the topic Home
Insurance.
This project has not been submitted earlier elsewhere for the award of any
degree, diploma or equipment.

DAU MITTAL

ACKNOWLEDGEMENT
It gives me immense pleasure in submitting this project on HOME INSURANCE
I have developed this project in partial fulfillment of

B.Com Vocational

(Insurance) IIIrd year from St. Johns College, Agra I would like to express my
sincere ineptness to my Project Guide Dr. Sanjeev Sharma for his constant
guidance and valuable support during the project work. Encouragement and
excellent guidance in the successful completion of the project work. And of
course nothing could have come true without the support of my family, friends
and all the classmates for their constant encouragement and useful tips through
out my project. I will always grateful to them.

Karan
Sisodiya

INDEX

CHAPTER NO.

CHAPTER NAME.

1.

BACKGROUND OF INSURANCE SECTOR

2.

INTRODUCTION OF HOME INSURANCE

3.

HOME INSURANCE IN INDIA

4.

TYPES OF HOME INSURANCE

5.

HOME CLAIM PROCEDURE

6.

TYPES OF POLICIES AS PER ISO

7.

THREE WAYS TO INSURE HOME

8.

COMPANIES PROVIDING HOME INSURANCE

9.

TEN WAYS TO CUT THE COST OF HOME INSURANCE

10.

FINDINGS

11.

CONCLUSION

12.

BIBLIOGRAPHY

ST. JOHNS COLLEGE, AGRA

CERTIFICATE
This is to certify that Mr. Karan Sisodiya has completed project Home
Insurance in the partial fulfillment of the requirement of the degree of
B.Com IIIrd (Vocational) Insurance under my supervision.
To the best of my knowledge and belief, this is the original candidates
and same has not been submitted anywhere else for award of degree or
diploma.

Date :

Dr. Sanjeev Sharma

Supervisor