Introduction In this article, we are going to explain in detail Proximate Cause Definition| Practical Application of the Principle of Proximate cause. “Whatever event that happened in the sphere of human existence, must have...
Is Having Private Health Insurance a Good Option? Choosing an insurance plan that meets your needs can be overwhelming. The first step is to know the difference between public vs. private health insurance. Which one will be ok for you? Private...
Insurance Agent at Your Doorsteps Generally, an agent is someone who takes sales possession of an insurance product on behalf of an insurance company i.e his boss or principal. In the world of insurance, an insurance agent is a person who...
How to Apply the Principle of Indemnity in Motor Insurance The principle of indemnity is a fundamental principle of insurance laws that all the insurance policies, except those of life and personal accident, are contracts of indemnity. Indemnity originated from the...
Administrative Classification of Insurance by Other of Criteria Generally, insurance classification has been an ongoing business. It could be classified in different forms according to the nature of the interest affected. Each classification is viewed in a different form by different...
Insurable Interest at The Time of Need and Application Insurable interest: Basically, when a businessman says that he has an interest in a particular business or venture, what exactly is he talking about? He is only saying that he has some...
