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Sunday, 7 August 2016

Insurance Crisis-1

FARZANA SHARMIN




Insurance policy undoubtedly most useful financial system which  can contribute a great role in economical sector.The people who starts insurance policy he  or she will be gain profit at near future . On the other hand the insurance  companies  and the country also  would be get  profit when those type companies  have been  applying the money  from the  public for creating  different type of  development industrial sectors. The rich and developing countries of the world have successfully abled used the  lazy money for the development  of their own countries.


But  insurance companies all over the world are going to be start unprofitable unreliable organization   day by day. These type organization  have been being   familiar to the people as like fraud organization. That type organization which organizations never keep their promise. They do not give  fundamental money with interest as they had  promised . 


Beside that sometime these type organization business with fraud type organization. As a result of their  weakness  general  creditor lost their savings . Many  customers who have account in those insurances companies  try to  withdraw their money. Slowly many insurance companies which  were doing business are being closed  forever. This is not good sign for developing economy based country.
( To be continued)

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