There are two broad streams of insurance – general insurance and life insurance. Life Insurers transact life insurance business while general Insurers transact the rest. The Insurance Regulatory and Development Authority (IRDA) is the regulatory body for the insurance industry in India Some insurance careers are highly specialised and require relevant specialised qualifications while others are open to all graduates. Nowadays, people have started to realize the importance of different insurance policies like life insurance, health insurance, vehicle insurance, etc… and this has brought about development in the insurance sector, which is expected to grow further in the future thereby creating more and more employment opportunities.
