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A series of books on insurance by NIA director K C Mishra throws light on the complexities of the topic, but in layman's language
Despite believing that insurance is essential, if it is the complexity of the topic that has kept you away from buying a policy, you have a reason to be happy. City-based K C Mishra, director, National Insurance Academy (NIA) has recently launched a set of 14 books that not only help one understand the intricacies of insurance as a buyer, but also give the reader an expert's vision to look at the same.
Talking about the series, Mishra says, "This is a part of the project undertaken by UK-India education Research Institute (UKIERI) that has been conceptualised by the Manmohan Singh Government and the Gordon Brown office. While Leeds Metropolitan Institute is the UK partner of the project, NIA is the only institute from India to have been involved in the venture."
Mishra who also went to UK for the project, came in contact with researchers from Financial Service Authority (FSA), who introduced him to the concept of such a series of books for the layman titled- Money Made Easy. "I was impressed by the content and thought that such books have to be introduced in the Indian market as well. I came back and shared the idea of such a series with the Insurance Regulation and Development Authority (IRDA) and the concept was well received," adds Mishra.
With inputs from IRDA and NIA researchers along with expert comments from MBA students of Columbia University and students of John Hopkins, Baltimore, the series of 14 books - 10 for beginners and four for experts give an in-depth insight about the minutest aspect of general as well as life insurance. "The 10 books start from basics of life insurance thereby going ahead to cover aspects such as- how to settle claims, how to work as an insurance agent or for that matter, which companies to consider while going for an insurance policy and so on," adds Mishra, who also claims that this is the Encyclopedia for them who want to buy policies as well as for those who want to work as insurance professionals.