Insurance Articles

Insurance is a business of Probability, spreading of losses when the probable event takes place. Spreading the losses takes place in the agreed business participation by way of Insurance &…

What is a product? One  can say a product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers and is received…

Importance Doctrine of subrogation is one of the most important ingredient and essential features of the principles of Indemnity, which, distinguish an ordinary commercial contract from an insurance contract. This…

The government appears to be gearing up for second-generation reforms in the insurance sector. When he resumed charge of the finance ministry, P Chidamabaram held a slew of meetings with…

General Insurance Surveyors, also referred to as Surveyor & Loss Assessors, or SLA in short, are qualified, licensed & independent professionals.   The Surveyor & Loss Assessor's license is granted by…

Is a risk, good or bad? In insurance business, like in all the others, threats and opportunities are intertwined, and co-exist in the external environment. If a risk is perceived,…

"Marketing - a key for the nation to progress and develop Honest Marketing - a boon to the nation Dishonest Marketing - a curse to the nation" Marketing is a…

Life insurance has a sole motive of securing the financial goals of a family in case the bread earner fails to do so due to some unfortunate event. The life…

Condition is an essential feature of a contract whether written or unwritten, unilateral, bilateral or multilateral. A condition signifies that situation or event, the occurrence or nonoccurrence of which triggers…

A burning piece of space debris, probably a meteorite, fell on the roof of a house in East Delhi's Gandhinagar area on November, 28th 2011. The burning meteorite piece first…