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...
What is third-party motor insurance? The requires every owner of a motor vehicle to insure the vehicle against liability in the event of death, bodily injury, or damage to property of a third party emanating from the use of a such...
What is Universal Life Insurance Universal life insurance is the type of permanent life insurance that can offer a guaranteed death benefit, it can allow you to tap into the policy’s cash value, and may give you the flexibility to adjust...
Insurance made Compulsory In the world of insurance, the most pressing challenge faced by most insurance companies is a lack of information or awareness and some insurance are made compulsory (Compulsory Insurance) Many people have zero knowledge about what insurance is...
What is the Insurance School of Thought Insurance has been explained in different ways by some people. They are pooling schools of thought and transferring schools of thought. there are other views such as sociological views and legal views. These views...
What is Surrender Value? Meaning and Forms of Payment of Surrender Values? Surrender Value is the amount the policyholder will generate from the life insurance company if he decides to terminate the policy before maturity or the agreed...
