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| Insurance Foundation of India is set up under Trust Registration Act. 1882 of Government of India and is a non profit making organization. The objective and purpose behind setting up of the Insurance Foundation of India (IFI) is |
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| To set up educational institutions |
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- Schools
- Colleges for Under Graduate/Post Graduate Studies
- Courses/Professional Courses/Vocational Courses
- World Class Institute for Actuarial Science Studies
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| Programme & Executive Education Programme |
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- To organize National/ International Conferences/ Programme/ Workshops for those working for Insurance industry and for common people who may like to participate and get knowledgeable about the Insurance policies/products
- To facilitate/support/ fund members to attend international programme with a view to widen their knowledge of the insurance industry in the world and how the good features can be adapted in Indian conditions
- To set up Legal Cell to provide assistance to insurance customers comprising of individuals/families/ corporate/NGO’s/institutions.
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| Include Insurance in basic education |
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- Inclusion of Insurance as a Subject in Class 10
& 12 of the School so that insurance Industry gets
large reservoir of pool to expand in the rural India.
Awareness of Insurance among those coming out of Schools will result in growth of
Insurance market in India.
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| Assist the Insurance consumers of India |
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- By protecting the interests of members by taking up issues with Insurance Companies, Insurance Ombudsman, IRDA, Government of India, Consumer Forums at various levels on all India basis and any other agency
- To bring out Newsletter/Publications/Books/Studies/reports in media like print, copy, electronic, TV, web based
- To Publish books/translate books in English/Hindi and all regional as well as vernacular languages so that masses living in urban/semiurban/rural parts of India can use Insurance as part of their financial planning/riskmanagement.
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| World Class Institution |
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Intend to collaborate with Schools/Business Schools/ Institutes/ Universities of international repute (within India and abroad) for achieving the objectives of the Foundation.
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| On Line Education |
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- To set up facilities for online education,
training, dissemination of Insurance and Insurance
related subjects/information among students,as well as professonall specialists working in Insurance Industry (Companies,
Intermediaries, TPA’s, Surveyors, Actuaries), masses
and general public.
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