Insurable Interest in Life insurance Classification of Insurable Interest in Life insurance (Insurance Law)
The test of a valid insurance contract is the existence of the insurable interest. Insurable interest is nothing but an interest of su…
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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) to make m…
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 particular ri…
Objectives of Life Insurance Corporation | Insurance Law
Life Insurance Corporation The Life Insurance Corporation Act 1956 provides for the nationalization of life insurance business in India …
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 can take a …