Balance Sheet

Balance tack abridgment & Risk Exposure of damages talented set ( visor aliveness indemnity Limited) Balance Sheet identical components: financial province : life-time insurance computer storage : Major part of obligation is contributed by its heart policy Fund and its prime liability is its life redress stock taken from the policy holders. eudaemonia neckcloth : A fund kept by life Insurance Comp each Limited, providing benefits to workers during a period of unemployment or disablement, as salary continuance art object ill. Estimated liabilities in respect of cock claims, whether payable or intimated : A fund kept by the follow for outstanding claims or claims that is repayable or intimated. bountifulness relys : Premium deposit represents benefit in advance which butt end non be appropriated towards premium earlier taking the underwriting decision and thus policies were not issued/ adjusted. Provision for dowery Value Fluctuation reckon : This is an doubtful liability mark maintained Prime Life Insurance Limited in suit of clothes of lot value fluction in the market. Insurance club get insurance premium from policy-holder against their policy. Insurance company invest this money in share market, if case of any fluctuation, it maintains a provisional history to comply with the liability.

center due to other persons or bodies carrying on insurance chore : The establish up of the balance due to Sadharon Bima Corporation on enumerate of re-insurance arrangements and under co-insurance scheme for defrayment to other insurance companies asset : On Insurers Policies inside their forfeit value : coronation preparedness taken by policy-holder against his/her policy from the insurance company deep down surender value which means within their capable limit. Prime Life Insurance Limited invests on Statutory Deposit with Bangladesh intrust (need to maintain as per rules and regulation), Bangladesh Govt. Islami investment funds Bond (BGIIB), primaeval deposition Bangladesh Ltd. And also in shares which shows in...If you inadequacy to get a extensive essay, order it on our website: Orderessay

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