LIFE INSURANCE POLICY

Types of life insurance policy There are three types of life insurance policy  (1) Term policies  (2) Whole life policies (3) Endowment policies (1) Terms policies: This is a short term plan normally from 3 months to 7 years. The sum assured is payable only on the death of the Read more…

Audit

Audit meaning ,merits, demerits and  classification Definition of Audit: According to Spices and Pegler’s, “An audit is such examination of the books of account and vouchers of a business, as with enable the auditor to satisfy himself that the balance sheet is properly drawn up, so as to give a Read more…