Insurance Concepts: General Insurance

The India Motor Tariffs, as amended in July 2002 provided for two types of Policy forms.  These were:

The basic principles that govern Fire Insurance are:

The principle   of indemnity requires that when a loss  arises   under an insurance policy, the loss must be made good  in such a manner that financially the insured is neither…

In insurance contracts, the legal doctrine of utmost good faith applies. This casts on the insured the duty to disclose all material facts that have a bearing on the insurance.…

When we talk about insurance, we normally associate it with life insurance. It has captured a huge mindshare due to the saturation coverage that the media has given it. Of…

The term ‘Health Insurance’ relates to a type of insurance that essentially covers your medical expenses.A health insurance policy like other policies is a contract between an insurer and an individual /…

Travel Insurance offers insurance protection while you travel. Travel Insurance may be called by different names by insurance companies. It is important for you to check and understand whether the…

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Q. What is Health Insurance?Ans. The term health insurance is a type of insurance that covers your medical expenses. A health insurance policy is a contract between an insurer and…

Motor insurance, a important branch of insurance, had its beginnings in the United Kingdom in the early part of the last century. The first motor car was introduced into England…