Medlife Insurance LTD Case Study :: Business and Management Studies

We have chosen a political party called Med action Insurance LTD. This confederation deals with financial services, within that with invigoration insurance policy.Marketing Financial Services exhibitIntroductionWe have chosen a company called Medlife Insurance LTD. This companydeals with financial services, within that with life insurance. It ispart of a network of companies that make do life insurance and to beable to give a solely picture of the companys activities we willintroduce some of its partner companies as well. We will also give a sketch description of the different kinds of services they provide tocustomers, such as life insurance for a whole family, life insurancefor a private person or life insurance for the company employees. Situation psychoanalysisGrazer Wechselseitige and other international investors foundedMedlife in the year 1994. Medlife started its business activities in1995. It is devise up as a Cypriot offshore company and offers lifeinsurance prod ucts on US dollar basis. Medlife is an insurance company honorable of traditions and experience.Because of its traditions, seriousness and experience, it providesreliability of all activities in life insurance and with child(p)investments of Medlife. All sales be performed through the networkof SI-Save Invest Ltd, (one of the biggest autonomous andinternational insurance broker companies in the world that offers andsells financial services, specializes in capital forming lifeinsurance and disability insurance offered by its insurance partners),covering the former CIS and Baltic countries.Insurance and investment programmes have been essential that helpencompassing the risks of everyday life and at the same time allow thecustomer to achieve a profitable return of the money invested.Contracts concluded between Medlife and its clients are subject toAustrian law which extensively protects the rights of Medlifesclients. Due to the very strict rules and regulations of theInsurance C ontract con additionmation and the Consumer Protection Act. GrazerWechselseitige Group in Austria, a well-known insurance company,provides heavy insurance services like technical administration,funds investment, and reinsurance since 1828. These services aredelivered following the same principles of security and profitabilitythat do apply for Grazer Wechselseitige itself. Grazer WechselseitigeVersicherung AG is 100% financed on own capital and therefore does not call for any investors ratings.Some examples of the financial services that Medlife is sellingstinting Insurance PlanEconomic Insurance Plan is the ideal mail boat for those who seekcomprehensive insurance coverage combined with an opportunity toinvest capital in a profitable way.G5S -Endowment Insurance with graduated cobblers last benefits and surplusparticipation.The benefit to be paid in the case of stopping point becomes payable if theinsured person dies before the end of the insurance term. The sum to