The test of a valid insurance contract is the existence of the insurable interest. Insurable interest is nothing but an inter...
Showing posts with label LIC. Show all posts
Showing posts with label LIC. Show all posts
Explain the concept and scope of life insurance what are the essentials of life insurance contract?
Introduction - Insurance is a contract in which one party (the insurer) agrees for payment of consideration (the premium) ...
Formation of Life Insurance Contract
In simple words, Insurance is a contract in which one party (the insurer), for a consideration (the premium), assumes a part...
Objectives of Life Insurance Corporation | Insurance Law
Life Insurance Corporation The Life Insurance Corporation Act 1956 provides for the nationalization of life insurance business ...
What is Life Insurance and what are Kinds/Types of Life Insurance ? | Insurance Law
In this world, no one knows what will happen in future. If we all are able to predict the future dangerous correctly then we ca...
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