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	<title>Site Todd &#187; Role of Insurance in Economic Development</title>
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		<title>Role of Insurance in Economic Development</title>
		<link>http://sitetodd.com/2010/02/17/role-of-insurance-in-economic-development/</link>
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		<pubDate>Wed, 17 Feb 2010 04:49:32 +0000</pubDate>
		<dc:creator>deepu</dc:creator>
				<category><![CDATA[insurance]]></category>
		<category><![CDATA[Role of Insurance in Economic Development]]></category>

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		<description><![CDATA[For economic development, investments are necessary. Investments are made out of savings. A life insurance company is a major instrument for the mobilization of savings of people, particularity from the middle and lower income groups. These savings are channeled into investments for economic growth. The insurance Act has strict provisions to ensure that insurance funds]]></description>
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