Business

Health Insurance is a safeguard against rising medical costs. A health insurance policy is a contract between an insurer and an individual or group, in…

Motor Vehicle Insurance falls under the classification of General Insurance. This insurance is becoming very popular and its importance increasing day-by-clay. A motor insurance policy…

Burglary insurance falls under the classification of insurance of property. In case of burglary policy, the loss of damages of household goods and properties and…

Life Insurance: The reason for life insurance is to afford the relatives and beneficiaries of a departed person with some financial aid and help. Fire…

Types of life insurance policies The document containing the written contract between the insurer and the insured along with the terms and conditions of insurance…

Fire insurance is a contract whereby the insurer, in consideration of the premium paid, undertakes to make good any loss or damage caused by fire…

A life insurance policy is an agreement with an insurance company. The insurance company promises death assistance in contemplation of the disbursement of premium by…

A life insurance policy was introduced as a protection against the uncertainty of life. But gradually its scope has widened and there are various types…

The various functions of insurance are follows: (i) Providing certainty: Insurance provides certainty of payment for the risk of loss. There are uncertainties of happenings…

Life is full of uncertainties. The chances of occurrence of an event causing losses are quite uncertain. There are risks of death and disability for…