The insurance area has been assuming a critical part during the time spent financial advancement since autonomy in the nation. It has been broadly acknowledged reality that HR assumes an essential part during the time spent improvement of any association in the nation. Training is an essential human resource development function of any organization. It requires a huge amount of dollars. Thus now-a-days, evaluation of training programmes effectiveness becomes a most important activity for every organization. The main objective of the present study is to measure the cost-effectiveness of training programmes for employees. It also studies the impact of training programmes upon performance, job satisfaction and returns on investment of the training programmes.