Insurance Concepts

Unplanned injurious or damaging event which interrupts the normal progress of an activity. An accident may be seen as resulting from a failure to identify a hazard or from some…

The 1988 Act requires issue of a Certificate of Insurance by the insurers as proof of Third party insurance to satisfy the requirements of Chapter XI of the Act. The…

The objective of the principle is to place the insured, as far as possible, in the same financial position after a loss, as that occupied by him, immediately before the…

In insurance contracts, the legal doctrine of utmost good faith applies. The insured has the duty to disclose all material facts, which have a bearing on the insurance. A breach…

As per recent reports, nearly 7.5% of India’s population is presently aged 60 years and above. Less than 1% of these would be covered under any kind of health insurance…

Always assign yourself just a little more work than you can comfortably fit into the course of a day. This practice makes one too busy to stop and lose time…

The 1988 Act requires issue of a Certificate of Insurance by the insurers as proof of Third party insurance to satisfy the requirements of Chapter XI of the Act.

The basic principles that govern Fire Insurance are: Utmost good faith - In insurance contracts, the legal doctrine of utmost good faith applies. The insured has the duty to disclose…

The practice of motor insurance is influenced, to a large extent, by the Motor Vehicle Act, 1939. This Act makes provision for various matters relating to the use, maintenance and…

Typically, all salespeople use one of the following types of sales presentations.