Insurance
Are the following statements true or false about bill of lading and letter of credit
A. (i) Received for shipment bill of lading is equivalent to on board bill of lading. (ii) An advising bank…
Read More »8 Points to be scrutinized in a Marine Insurance Policy tendered under a Letter of Credit
Marine Policy under Letter of Credit 1. The Document. Insurance documents must appear on their face to be is-sued and…
Read More »Marine Insurance Policy : The Risks Covered and Not Covered under it
A marine insurance contract is a contract whereby the insurer undertakes to compensate the insured against loss arising out of…
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Benefits Of Dread Disease Insurance in Germany
A Dread Disease insurance protects against the financial consequences of serious illnesses. Every year, there are more than one million…
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Legal Protection Insurance is Indispensable for Individuals In Europe
Legal expenses insurance (LEI) is otherwise known as legal protection insurance which is popular in major parts of Europe. A…
Read More » Examples Of Moral Hazards In Insurance
There may be an example of first class moral hazard where the insured gives maximum cooperation to the insurers by…
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Different Types Of Hazards In Insurance
Insurance always deals in risks. Risk is the probability of happening of an unforeseen event or contingency which is never…
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Examples Of Physical Hazards In Insurance
Before discussing Examples Of Physical Hazards in insurance, let us see what does Hazard in insurance mean. Hazards generally indicate…
Read More » 11 Legal Aspects Of Reinsurance Contracts
We have completed the various technical and operational aspects of the insurance in previous articles. Now, attempts will be made…
Read More »Application Of Reinsurance To Various Branches Of Insurance
We have written many articles on reinsurance. So we think, you have already known various kinds of reinsurance. Indications will…
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