• PRANSHUL RANGARH

Yakshaprashna in Mahabharata – “What is the most wonderful thing in the world”? – Yaksha asked Yudhishtira in the Epic ‘Mahabharata’. Yudhisdtira replied, “The most wonderful thing in the world is that men seeing every day the dead being carried to the burial ground, still imagine that they are eternal”. Death is a sublime theme of reflection and is a natural phenomenon. Therefore, one should not be distressed for what is inevitable and unavoidable, observed Shri Krishna in the Bhagvad Geeta . Man is exposed to various risks to his person and interests, not just from the cradle but from the time of his conception itself . If man is engaged in business, he has to struggle against many more risks. These risks, while many of them are natural, some arise out of his economic activities which have to be overcome. The instinct of human beings to survive has moved him to create appropriate means of handling these hazards. The present economic progress is ample proof of the measure of his success in this endeavor. Insurance has earned the place of pride as the financial source of industry and commerce.

"A CRITICAL ANALYSIS OF LAW RELATING TO LIFE INSURANCE BUSINESS IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 7, page no.a318-a327, July-2023, Available :http://www.jetir.org/papers/JETIR2307036.pdf

"A CRITICAL ANALYSIS OF LAW RELATING TO LIFE INSURANCE BUSINESS IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 7, page no. ppa318-a327, July-2023, Available at : http://www.jetir.org/papers/JETIR2307036.pdf