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Articles: My Experience | Do you know about human life value?
- Mr. SESHAGIRI RAO P.L.
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Human Life Value Method
Net Worth Method
How much Insurance one need’s ?
1.ASSESSMENT OF A CAR
For how much value the owner will insurance the car?
What ratio able he applies?
Suppose If you buy a Car worth Rs. 4 Lakhs, Can you get Insurance for Rs 4 Lakhs or for Rs. 10,000 /- ?
Yes I can get Insurance for Rs.4 Lakhs because, I want Rs.4 Lakhs to buy another car if any thing happens to this car.
2.OLD LADY AND HEN
An Old country side lady going to house from market by carrying a hen . Suddenly a Car rushed her and hen was fall down in front of the front wheel of the car and died. Then the lady asked the driver of the car to pay compensation for Rs.1 lakh.
Then the car driver says to Old lady : What !… the hen cost is Rs. 8 Lakhs ? Are you Mad?
The Old lady says to car driver : Yes I want Rs. 8 Lakhs compensation from you for my sudden death of hen.
The the car driver says to Old lady : How can you value for Rs. 8 Lakhs . The Actual cost of the hen in the market is Rs.20/- i.e., not even quarter Kilogram.
The Old lady says to car driver: My hen will carry 1 egg per day for 1 month ie., 30 eggs per month. 30 hens will come out from 30 eggs and each hen will produce again another 30 eggs. ie., 900 eggs. Again 900 hundred hens will come out from 900 eggs. Then each hen will produce 30 eggs . ie., 900 X 30 = 27,000 eggs . Again 27,000 hens will produce 27,000 X 30 = 8,10,000 . If you calculate each one @ Rs.1/- , I will get Rs.8,10,000/-.
Hence, I am asking Rs.8,00,000 compensation from you,
If the Old country side lady can calculate the worth of her hen with so much of fore through, Can’t we assess our own value in a scientific method ?
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For further details .
Please Contact : P.L.Seshagiri Rao , Cell # 98497 19365.
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