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Life Insurance Corporation

Persons Entitled to payment under Life Insurance

What is insurance -        Insurance is a plan which ensures certainty of payment for the uncertain loss. The aim of all kinds of insurances to pr…

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…

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…

Mode of Payment of Premium (Insurance Law)

What is Premium -   It is the sum Payable (usually annually)  by the insured to the insurer under a contract of insurance.  Meaning and Definit…

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 …
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