DEDUCTION OF DEPRECIATION – A DECEPTION
The contract of insurance, unlike other civil contracts, is the contract of Indemnity, whereby in consideration of the premium, the insurer expressly undertakes and promises to pay or make good…
Impact of Healthcare Acquired Infections on Length of Stay and Treatment costs
Abstract Healthcare-associated infections (HCAI) are infections that patients acquire during the course of receiving treatment for other conditions within a healthcare setting. HCAI are preventable complications occurring with varying but…
Everything You Wanted to Know About Liability Insurance
Liability Civil Under Common Law: A body of law consisting of past court decisions and customs and usages recognized by courts. Liability Contingent: Liability for damages arising out of the…
Emerging Global Scenario Of Cyber Risks (RE)Insurances
A. Introduction: ‘CYBER’ is a term derived from ‘CYBERNETICS’ which means comparative study of automatic communications and control of functions of living bodies and in mechanical electronic systems such as…
Cyber risks and How can an effective Cyber Insurance can be explored for mitigate risks
Cyber risk Risks associated by the use of Information Technology systems that affects the confidentiality, availability or integrity of information and Information system caused by criminal as well as non-criminal…
Understanding the Difference Between Premium and Deductible in Insurance: A Comprehensive Guide
Introduction: Insurance plays a crucial role in protecting individuals and businesses from financial risks and uncertainties. When it comes to insurance policies, two key terms that often come up are…
A Comprehensive Guide to Cyber Risk Insurance
In today's hyper-connected world, businesses of all sizes face an ever-growing threat: cyberattacks. From data breaches and ransomware attacks to malware infiltration and denial-of-service assaults, cyber threats pose a significant…
Why You Need a ULIP Calculator for Financial Planning
ULIPs or unit-linked insurance plans are regarded as valuable additions to every financial portfolio today. This is because they offer a unique combination of investments and insurance coverage for policyholders.…
Understanding Health Insurance Policies: A Comprehensive Guide
Health insurance policies play a pivotal role in safeguarding individuals and families against the financial burden of medical expenses. With the rising costs of healthcare services, having adequate health insurance…
How to process claim settlements in General Insurance
In the world of insurance, ensuring timely and hassle-free claim settlements is paramount to providing peace of mind to policyholders. Whether it's a motor accident, property damage, health emergency, or…