SUMMER TRAINING PROJECT REPORT
ON THE TOPIC
“COMPETITIVE STUDY OF HEALTH INSURANCE COMPANIES
IN INDIA ”
In Partial Fulfillment for the Degree of Bachelor of Business
Administration
Submitted By:
Sumit
BBA (GEN.) 5th Sem
Roll No.: 03796701715
Batch (2015-2018)
External Guide: Internal Guide:
Ms. Jaspreet Kaur Ms. Anshika Singh
Kamal Institute of Higher Education And Advanced Technology
K-1 Extension, Mohan Garden,
New Delhi – 110059
CERTIFICATE OF THE COMPANY
DECLARATION
This is to certify that I have completed the Summer Training Project titled
“COMPETITIVE STUDY OF HEALTH INSURANCE COMPANIES IN
INDIA” under the guidance of “Ms. Anshika Singh” in partial fulfillment of the
requirement for the award of degree of Bachelor of Business Administration at
Kamal Institute of Higher Education and Advance Technology, Delhi. This is an
original piece of work and I have not submitted it earlier elsewhere.
Sumit
03796701715
ACKNOWLEDGEMENT
I would like to express my deep sense of gratitude to “COMPETITIVE STUDY OF HEALTH
INSURANCE COMPANIES IN INDIA” specially Ms. Jaspreet Kaur who gave me this
opportunity to work with this prestigious organization as a summer trainee. He motivated me to
perform well and helped me to understand my roles and responsibilities. I feel grateful to him for
being my mentor. It has been pleasant and immensely valuable learning experience for me.
I would also like to thank my faculty guide whose support and suggestion has helped me to
complete this project successfully. This project would not have started and much less completed
without the encouragement and support of my faculty guide Ms. Anshika Singh without whose
valuable insights the project would not have seen daylight.
Finally, I would also like thank to all my dear friends for their kind cooperation, advice and
encouragement during the long and arduous task of preparing this report and carrying out the
project.
At last but not the least, I would like to acknowledge my dear family members whose blessings,
inspiration and encouragement have resulted in the successful completion of the project.
SUMIT Ms. Anshika Singh
03796701715 (Internal Guide)
BBA (GEN.)
5th Semester
TABLE OF CONTENT
CHAPTER CONTENTS PAGE NO.
1. INTRODUCTION 9-35
1.1. Background
1.2. HISTORY OF INSURANCE IN INDIA
1.3. IMPORTANT MILESTONES IN THE
INDIAN INSURANCE BUSINESS
1.4. LIST OF INSURANCE COMPANIES IN
INDIA
1.5. BASIC FUNCTIONS OF INSURANCE
[Link] FACES INSURANCE
COMPANY
1.7. TOP INSURANCE COMPANIES IN
INDIA
1.8. HEALTH INSURANCE IN INDIA
1.9. CONSUMER AND SOCIAL
PERSPECTIVE ON HEALTH INSURENCE
1.10. IMPACT OF HEALTH INSURANCE
ON STRUCTURE AND QUALITY OF
PRIVATE PROVISION
1.11. ROLE OF REGULATORS
1.12. VARIOUS HEALTH INSURANCE
PRODUCTS AVAILABLE IN INDIA
1.13. HEALTH INSURANCE FOR SENIOR
CITIZENS
[Link] OF PRIVATIZATION
ON HEALTH INSURANCE
1.15. OBJECTIVE OF STUDY
2. RESEARCH METHODOLOGY 36-38
2.1. REASEARCH PROCESS
2.2. HOW TO FIND
2.3. SOURCES OF DATA
3. ANALYSIS OF DATA 39-56
3.1. HEALTH INSURANCE IN INDIA
OPPOURTUNITY,CHALLENGES AND
CONCERNS
3.2. VOLUNTARY HEALTH SCHEMES OR
PRIVATE –FOR-PROFIT SCHEME
3.3. SOCIAL INSURANCE OR
MANDATORY HEALTH INSURANCE
SCHEMES OR GOVERNMENT RUN
SCHEMES (namely the ESIS, CGHS)
4. SUMMARY & CONCLUSION 57-59
5. SUGGESTIONS AND 60-61
RECCOMENDATIONS
6. LIMITATION OF STUDY 62
7. BIBLIOGRAPHY 63
LIST OF TABLES
Table No. Title Page No.
1 List of insurance companies in 15-16
india
2 Socioeconomic indicators 23-24
LIST OF FIGURES
Figure No Title Page No.
1 Age wise classification 47
2 Education level 48
3 Occupation 49
4 Marital status 50
5 No. of dependents 51
6 Annual income 52
7 Investment avenue 53
8 Reason to take policy 54
9 Policy choice 55
10 Awareness through 56
LIST OF SYMBOLS
Table No. Title Nomenclature &
Meaning
1 & And
2 % Percent
LIST OF ABBREVIATIONS
S No Abbreviated Full Name
Name
1 Co. Company
2 Pvt. Private
3 Ltd. Limited