Hello all. Hope that you are all well and enjoying our posts. We are discussing Life insurance policy for the last couple of days. So lets continue this topics. Life insurance policy (Part 3) Assignment – A policy can be assigned either by endorsement on the policy or by a seperate instrument, and the assignee […]
The forms of life insurance policy are very numerous, and novel methods are being continually introduced, owing to the competition between various companies. The usual policies issued, however, are either whole life or endowment. A Whole Life Policy is one under which a definite sum is payable on the death of the assured to his […]
Insurance is defined as a contract between the two parties in which the insurer undertakes, in consideration of a certain periodical fixed amount called premium, to indemnify the other called the insured against a certain amount of loss arising from the happening of a specific contingency, such as destruction of property by fire or loss arising from accidents, etc
The insurance has some legal process. When a person enters the insurance policy, he/she should be aware of that legal acts and requirements. Different companies may have different rules and regulations. But generally there are some rules and regulations are found among all the companies. Some of them are discussed here: Insurance, which is beneficial […]
The term car also includes motor car and auto car. Generally this type of insurance is done for the vehicles which are for the transaction through a road. So the question appear in your mind that, why you the vehicle insurance? The vehicle insurance generally is done for the safety of damage of your vehicle.
Hi all, hope that you all know about the basic of insurance, if not, then dont worry, we’ll discuss it later. Now we’ll learn something common characters insurance. I think that you should know about that characters. So lets enjoy then: Different rates of different premium: Generally, the insurance policy is created for the individual […]