Co-insurance is the amount, usually expressed as a fixed percentage, that an insured must pay against a claim once the discounted amount is satisfied. In health insurance, the provision of a currency is equivalent to…

An exemption is the amount of money that you yourself are liable to pay for an insured loss. When a disaster hits your home or you have a car accident, your claim is deducted or…

Life will throw you a curveball, no question about that. It doesn’t matter if you have insurance Insurance buffers you from unexpected expenses. And while most people know that insurance is important, not everyone knows…

Life insurance is a financial product that leaves money behind for your family when you die. It can be used to help them for many years, to replace lost income, or to pay off large…

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or repayment against losses from an insurance company. The company pools clients’ risks to make payments more affordable…

Casual insurance is usually related to liability and less related to personal health, asset protection, or life insurance. Homeowners insurance is a type of property and accident product, such as tenant insurance, auto insurance, and…

Procedure for conversion of a private company to a public company A private company means a company which restricts the right of members to transfer its shares and must have a minimum paid up capital…

The Rules regarding of duration of Managing Director – Managing Director is responsible for the performance of the company, which is generally dictated by the board’s overall strategy. The term managing Director is defined in…

The circumstances under which a company may be wound up by Court The winding up or liquidation of a Company means the termination of the legal existence of a Company by stopping its business, collecting…

Director’s service agreements The directors regulate corporate affairs of the public limited company. They are responsible for formulating plans, policies, and strategies. A Director’s Service Agreement is a contract by which a company hires a…