Finance
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The Principle Of Indemnity In Insurance Contracts
The principle of indemnity in insurance emphasizes that on the happening of a loss, the insured shall be put back…
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Methods Of Providing Indemnity To Insurance Contract
First Loss Insurance is a type of policy where the sum-insured is deliberately restricted to a sum lesser than the…
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When Insurable Interest Must Exist In
The subject matter of insurance contract is not the property as such but the insurable interest of a man in…
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Examples Of Insurable Interest In Different Insurances
Examples Of Insurable Interest Before discussing the examples Of Insurable interest, I want to explain the basics regarding this doctrine.…
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What Is Principle Of Insurable Interest In Insurance
Principle of insurable interest says that only the person who has insurable interest on a subject-matter of insurance can insure…
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Three Essentials Of Insurable Interest
Principle of insurable interest asserts that only the person who has insurable interest on a subject-matter of insurance can insure…
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Causes Of The Breach Of Insurance Contract
The duty of disclosure must be observed throughout the negotiations and continues until the completion of the insurance contract. Generally…
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Application Of Doctrine Of Utmost Good Faith In Underwriting
Because of the intangible nature of insurance contracts, The Doctrine Of Utmost Good Faith is very much vital in insurance…
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Difference Between Representation And Warranty
It is necessary to understand the difference in between representation and warranty and in this regard making a mistake is…
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6 Facts Which Are To Be Disclosed By Insurance Companies
The duty of disclosure must be observed throughout the negotiations and continues until the completion of the insurance contract. Usually…
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