Is this legal bussiness

I want to establish welfare company.It will work as explain below.I collect 10doll er /1 year membership for single family.with in this year i hope to pay 250dollars for there family if happen any dead case to Assist there funeral occasions.after one year they must renew there membership to continue for there benefits.collecting thru vast members I hope to earn.Which kind of legal condition behind this effort?and what you think about the Idea?
      Answer1:So what happens if you only get 30 families to sign up and two of them have a death in the family that year?
      Answer2:This sounds like a type of life insurance. You need a special license to sell insurance.
      Answer3:IT Job- http://jobsbandhu.in/
      Answer4:There is a site that has a bunch of information on business given from industry experts and other successful entrepreneurs. If they dont have it they will try to help you find the information you are looking for. We use it at my college it wont let me put a link but search: Business Empire Magazine
      Answer5:Plain and simple.. that is called insurance.. You need a license to sell insurance. Get a licence and do it as a broker. I have a buddy who makes pretty good money. Gd Luck

0 comments:

Post a Comment

Copyright 2008