Tag: Marine Insurance
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 …
Insurance
Important factors to be considered in Cargo Rating The following are the factors to be considered for cargo rating. 1. Ownership The insurers insist that they insure persons rather …
