Demand for healthcare and insurance is increasing as India's middle income earners seek to reduce risk. As a new MBA graduate, Krishna Chaitanya wondered if insurance would effectively protect his financial goals, what products would suit his needs, and how to find the most cost-effective life and health insurance policies.
With this in mind, he wondered if by applying his financial knowledge, using concepts he learned while studying for his MBA he could find solutions to this dilemma.
This case allows students to identify the nature and causes of major personal risk. It also helps them to assess the probability of loss, and to quantify the value of these occurrences.