The Student Welfare Cell of the College organized an Awareness session on Importance of Life and Health Insurance for the students of all Programmes on 15th January 2024 between 12:15 pm to 1:00 pm to educate participants on the significance of securing their financial and health well-being through proper insurance coverage. The session was organized to address common misconceptions and highlight the importance of making informed decisions regarding life and health insurance.
The Resource Persons for the session were Mr. Venkat and Ms. Rama Venkat who briefed the Participants on the overview of the Indian Insurance Industry both in Life and Health. They were also accompanied by two insurance industry professionals namely, Mr. Satyendra Naik from Star Health Insurance and Mr. Sanjay B Dere, LIC Branch Manager, both of who are proud alumni of the College. They threw light on importance of tailoring insurance policies to individual circumstances. Participants were guided on assessing their needs, considering factors such as age, health condition, and financial goals when selecting and customizing insurance coverage to ensure optimal protection. The discussion focused on risk mitigation strategies and the role of insurance in comprehensive financial planning. Students were encouraged to view insurance as a crucial component of their overall financial strategy, contributing to long-term stability and peace of mind. They also addressed some of the common misconceptions surrounding life and health insurance.
The session concluded with questions from students on specific concerns and scenarios related to life and health insurance. 34 students across all Programmes actively participated in the session.
