Here we are providing you Insurance and Banking notes that you can download in PDF format. This is the ideal PDF covering all the insurance knowledge in New India Assurance (NIACL) Exam, National Insurance Exam, LIC, United India Insurance (UIIC) Exam. This covers the Insurance News and Insurance GK You need. Insurance is defined as a contract between two parties whereby one party called insurer undertakes in exchange for a fixed sum called premium to pay the other party called insured a fixed amount of money after happening of certain event. According to the Indian Contract Act 1872, “A Contract may be defined as an agreement between two or more parties to do or to abstain from doing an act, with an intention to create a legally binding relationship. So let us try this PDF containing the Concept of Insurance, Brief Glance at Insurance Sector of India, FDI in Insurance and PM Suraksha and Jeevan Jyoti Bima. It is a perfect guide for Insurance AO Interviews of NICL AO 2015, OICL AO 2015, LIC AAO as well as NICL Assistant 2015 Interviews.