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recruitment in cag: Proposed Recruitment Notice Released @cag.gov.in, 10811 Vacancies of Auditor & Accountant Posts Tentatively to be filled in 2021 Maru Gujarat Update|Maru Gujarat

CAG Recruitment 2021: recruitment in cag Proposed Recruitment Notice Released @cag.gov.in, 10811 Vacancies of Auditor & Accountant Posts Tentatively to be filled in 2021,cag sports quota recruitment 

Maru Gujarat CAG JOB NEW CAG JOB CAG Recruitment 2021: cag recruitment,Comptroller and Auditor General of India (CAG), New Delhi has invited comments on the proposed Recruitment Rules to the post of Auditor/Accountant, Level 5 in pay matrix. As per notice released at CAG Website, the stakeholders can share their comments through the prescribed format latest by 19 Feb 2021. Check application process, age limit, qualification, experience, vacancy break up and other details here.





CAG Recruitment 2021
CAG Recruitment 2021: Comptroller and Auditor General of India (CAG), New Delhi has invited comments on the proposed Recruitment Rules to the post of Auditor/Accountant, Level 5 in pay matrix. As per notice released at CAG Website, the stakeholders can share their comments through the prescribed format latest by 19 Feb 2021. The department has yet not released any notification regarding the same. Draft notification for Accountant and Auditor Posts to be out soon at cag.gov.in. All candidates are advised to go through the notice and share their comments before the last date.

The department has released a draft notification on its website. According to which, around 10811 vacancies would be filled up out of which 4402 vacancies are for Accountants and 6409 for Auditor Posts. The candidates can check the proposed or suggested eligibility criteria below including eligibility criteria, age limit, selection criteria and other details.

Important Dates:

Last date for sharing comments on CAG Recruitment Rules: 19 February 2021
CAG Recruitment 2021 Vacancy Details



Total no. Of vacancies – 10811

CAG Recruitment 2021 Educational Qualification: The candidates holding bachelors degree from a recognised university and proficiency in the relevant local language are eligible to apply.

CAG Recruitment 2021 Age Limit – 18 to 27 years (There will be age relaxation for the reserved category candidates as per government norms)

CAG Recruitment 2021 Pay Scale – Level-5 (Rs 29200 to Rs 92300

 
What Is Insurance?
Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

Insurance policies are used to hedge against the risk of financial losses, both big and small, that may result from damage to the insured or her property, or from liability for damage or injury caused to a third party.




 
What Is Insurance?
Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

Insurance policies are used to hedge against the risk of financial losses, both big and small, that may result from damage to the insured or her property, or from liability for damage or injury caused to a third party.

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Insurance

How Insurance Works
There is a multitude of different types of insurance policies available, and virtually any individual or business can find an insurance company willing to insure them—for a price. The most common types of personal insurance policies are auto, health, homeowners, and life. Most individuals in the United States have at least one of these types of insurance, and car insurance is required by law.

KEY TAKEAWAYS
Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. 
There many types of insurance policies. Life, health, homeowners, and auto are the most common forms of insurance.
The core components that make up most insurance policies are the deductible, policy limit, and premium.
Businesses require special types of insurance policies that insure against specific types of risks faced by a particular business. For example, a fast-food restaurant needs a policy that covers damage or injury that occurs as a result of cooking with a deep fryer. An auto dealer is not subject to this type of risk but does require coverage for damage or injury that could occur during test drives.


 In order to select the best policy for you or your family, it is important to pay attention to the three critical components of most insurance policies—the deductible, premium, and policy limit
There are also insurance policies available for very specific needs, such as kidnap and ransom (K&R), medical malpractice, and professional liability insurance, also known as errors and omissions insurance.


Insurance Policy Components
When choosing a policy, it is important to understand how insurance works.

A firm understanding of these concepts goes a long way in helping you choose the policy that best suits your needs. For instance, whole life insurance may or may not be the right type of life insurance for you. There are three components of any type of insurance (premium, policy limit, and deductible) that are crucial.

Premium
A policy's premium is its price, typically expressed as a monthly cost. The premium is determined by the insurer based on your or your business's risk profile, which may include creditworthiness.

For example, if you own several expensive automobiles and have a history of reckless driving, you will likely pay more for an auto policy than someone with a single mid-range sedan and a perfect driving record. However, different insurers may charge different premiums for similar policies. So finding the price that is right for you requires some legwork.

Policy Limit
The policy limit is the maximum amount an insurer will pay under a policy for a covered loss. Maximums may be set per period (e.g., annual or policy term), per loss or injury, or over the life of the policy, also known as the lifetime maximum.

Typically, higher limits carry higher premiums. For a general life insurance policy, the maximum amount the insurer will pay is referred to as the face value, which is the amount paid to a beneficiary upon the death of the insured.

Deductible
The deductible is a specific amount the policy-holder must pay out-of-pocket before the insurer pays a claim. Deductibles serve as deterrents to large volumes of small and insignificant claims.

Deductibles can apply per-policy or per-claim depending on the insurer and the type of policy. Policies with very high deductibles are typically less expensive because the high out-of-pocket expense generally results in fewer small claims.

Special Considerations
With regard to health insurance, people who have chronic health issues or need regular medical attention should look for policies with lower deductibles.

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