Tag: Fire Insurance
Insurance
Procedure to be followed for effecting Life Insurance Policy The following procedure has to be followed to effect a life insurance policy: 1. Filling up a proposal form The …
Insurance
What is Principle of Causa Proxima? Proximate cause means the active, efficient cause that sets in motion a chain of events which brings about a result, without the intervention …
Insurance
Insurance is basically a contract, between the insurer and insured. The consideration for the contract is the premium paid by the insured. Therefore, the insurance contract must contain all …
Insurance
Introduction Man’s life is open to risks of varied nature. An individual’s life is subject to risks such as untimely death due to accidents, premature death, illness, disablement and …