Limitations on the scope of Insurance
Insurance is a unique service-based product that people purchase for peace of mind, yet usually, hope to avoid using. Some disadvantages of buying insurance products…
Business
Insurance system spreading loss of one into the shoulder of many – How?
Insurance is a system of spreading loss of one into the shoulder of many – Insurance has evolved as a process of safeguarding the interest…
Classify Insurance from Risk Point of View
Insurance has evolved as a process of safeguarding the interest of people from loss and uncertainty. It may be described as a social device to…
Insurance is able to Curtail Inflation – How?
Insurance is able to Curtail Inflation – Insurance has evolved as a process of safeguarding the interest of people from loss and uncertainty. It may…
Fundamental Element of Insurance Contract
Fundamental Element of Insurance Contract The contract of insurance is very useful to indemnify any loss. In this light, the contract of insurance is also…
Secondary Function of Insurance
Secondary Function of Insurance Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for…
Primary Function of Insurance
Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. Insurance may be…
Justice is the insurance which we have on our lives and property – Explain
Justice is the insurance which we have on our lives and property – Explain Insurance has evolved as a process of safeguarding the interest of…
Insurance is a Cooperative device for distributing risk – Explanation
Insurance is a Cooperative device for distributing risk. Insurance may be described as a social device to reduce or eliminate risks of loss to life…
Cloud Computing
Cloud computing is a model for enabling ubiquitous, convenient, on-demand access to a shared pool of configurable computing resources. Cloud computing and storage solutions provide…
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