Synopsis This three-part series on group and health insurance brings home to the reader the philosophy of group and health insurance beginning from estimating the “economic-value of life” as a basis of assessing one’s insurance needs to using insurance as a tax avenue. Volume I explores the basic concepts of insurance, and dwells on the different kinds of health insurance providers globally and the various products offered under health and group insurance schemes. It also reviews the current state of health insurance in India along with a prospective view. Volume II deals with the methodology of designing insurance products, the inherent risks and the method of pricing them, besides also covering social security, social insurance, and other related issues. Volume III discusses the various distribution modes insurance companies use and other related issues.