An overview of business insurance in Singapore.

This project was undertaken to analyze the business insurance market in Singapore. From the analysis, we hope to gain an understanding of business insurance as this is growing market. In addition, this project aims to enable the readers to appreciate this particular facet of life insurance - Busines...

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Bibliographic Details
Main Authors: Choo, Rachel Khoon Wan., Hooy, Edwin Kok Kuen., Toh, Andrew Tee Chuan.
Other Authors: Nanyang Business School
Format: Final Year Project (FYP)
Language:English
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10356/51197
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author Choo, Rachel Khoon Wan.
Hooy, Edwin Kok Kuen.
Toh, Andrew Tee Chuan.
author2 Nanyang Business School
author_facet Nanyang Business School
Choo, Rachel Khoon Wan.
Hooy, Edwin Kok Kuen.
Toh, Andrew Tee Chuan.
author_sort Choo, Rachel Khoon Wan.
collection NTU
description This project was undertaken to analyze the business insurance market in Singapore. From the analysis, we hope to gain an understanding of business insurance as this is growing market. In addition, this project aims to enable the readers to appreciate this particular facet of life insurance - Business Insurance. It is often mistaken to be a class of insurance product like motor or marine. However, business insurance is nothing more than applying life insurance concepts to solve business problems that arise when its owner, key personnel or employees die or is disabled. Thus, this report also strives to clear this common misunderstanding. Essentially, the project identifies three different business structures and illustrates with case studies of how life insurance can be applied. There is also a section which collates the views of life insurance industry personnel and presents their opinions of certain aspects, such as the awareness of business insurance amongst business owners, marketing of business insurance and training of agents to underwrite the business. The contents of this project is presented in a systematic way and is suitable for giving a interested reader, a basic idea of business insurance and the current market situation in Singapore.
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spelling ntu-10356/511972023-05-19T05:41:40Z An overview of business insurance in Singapore. Choo, Rachel Khoon Wan. Hooy, Edwin Kok Kuen. Toh, Andrew Tee Chuan. Nanyang Business School Chang Chiu Cheng DRNTU::Business This project was undertaken to analyze the business insurance market in Singapore. From the analysis, we hope to gain an understanding of business insurance as this is growing market. In addition, this project aims to enable the readers to appreciate this particular facet of life insurance - Business Insurance. It is often mistaken to be a class of insurance product like motor or marine. However, business insurance is nothing more than applying life insurance concepts to solve business problems that arise when its owner, key personnel or employees die or is disabled. Thus, this report also strives to clear this common misunderstanding. Essentially, the project identifies three different business structures and illustrates with case studies of how life insurance can be applied. There is also a section which collates the views of life insurance industry personnel and presents their opinions of certain aspects, such as the awareness of business insurance amongst business owners, marketing of business insurance and training of agents to underwrite the business. The contents of this project is presented in a systematic way and is suitable for giving a interested reader, a basic idea of business insurance and the current market situation in Singapore. BUSINESS 2013-03-06T07:29:42Z 2013-03-06T07:29:42Z 1996 1996 Final Year Project (FYP) http://hdl.handle.net/10356/51197 en Nanyang Technological University 141 p. application/pdf
spellingShingle DRNTU::Business
Choo, Rachel Khoon Wan.
Hooy, Edwin Kok Kuen.
Toh, Andrew Tee Chuan.
An overview of business insurance in Singapore.
title An overview of business insurance in Singapore.
title_full An overview of business insurance in Singapore.
title_fullStr An overview of business insurance in Singapore.
title_full_unstemmed An overview of business insurance in Singapore.
title_short An overview of business insurance in Singapore.
title_sort overview of business insurance in singapore
topic DRNTU::Business
url http://hdl.handle.net/10356/51197
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