Basically, the purpose of all insurance is to protect yourself or your family against the financial impact of a tragedy


The advantage of going to an agent is that an honest and competent one can review your situation and make suggestions. The advantage of going on your own is that you usually pay less for the same amount of insurance


Types of Insurances:


LIFE INSURANCE


AUTO INSURANCE


HOMEOWNERS' INSURANCE


APPLIANCE PROTECTION INSURANCE


HEALTH INSURANCE

Any light motor vehicle used for social, domestic and pleasure purposes and for the insurer's business.


1(a). Loss or damage by accident, fire, lightning, self ignition, external explosion, burglary, housebreaking or theft, malicious act. 1(b). Riot and strike; terrorism; earthquake; flood, cyclone and inundation 1(c). whilst in transit by rail, road, air, elevator, lift. Perils under 1(b) can be deleted and a discount in premium availed. 2. Liability for third party injury/death, third party property and liability to paid driver. 3. On payment of appropriate additional premium, loss/damage to electrical/electronic accessories, PA cover for drivers, insured or any named person, unnamed passengers can also be taken. 4. Certain discounts in premia are also available.




Act Liability

1. Death or bodily injury to third parties 
2. Death or bodily injury to any person carried in the car provided they are not insured Employees and not carried for hire or reward
3. Liability to paid driver - As per W. C. Act
4. All costs and expenses incurred with company's written consent

Stigum's Money Market
Now in its fourth edition, this is the classic book on the US money market. Based on hundreds of interviews with market practitioners, it is an in-depth look at all corners of the market, from Treasuries to repos and Eurodollar futures. Market makers, electronic trading, and the role of the Fed are all explained. The book is rich in history and industry folklore. There is almost no math here, just engaging writing 

How is the Forex Market Different?
There are some significant differences between the forex market and others like the stock market. While it may be the feeling that a good trader should be able to handle any market, the fact of the matter is that some structural differences in forex can require a different trading approach.

MIC Electronics has bagged a order worth RS18 mn from Western and Southern Railways from WIZCRAFT.


The company has trail orders worth Rs22.5mn received from Industrial houses and FMCG company for supply of LED Luminaries of 60 W to 120 W and few more in pipe line from industrial houses for LED Luminaries.


MIC Electronics Ltd has announced the installation of True Colour LED Video Display Systems for passenger Information at Hubli, South Western Railway, order worth Rs. 13.3mn

MIC Electronics Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from December 25, 2009 to December 30, 2009 (both days inclusive) for the purpose of Payment of Dividend & 21st Annual General Meeting (AGM) of the Company to be held on December 30, 2009.

The stock was trading at Rs.40.85, up by Rs.0.65 or 1.62%. The stock hit an intraday high of Rs.41.30 and low of Rs.40.30.

The total traded quantity was 153127 compared to 2 week average of 175875.