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Assignment of Marine Insurance Policy | Insurance Law

Marine Insurance -                 According to Section 3 of the Marine  Insurance  Act, 1963 " A contract of marine insurance is an agreem…

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 …

Advantages and Disadvantages of Unit Banking system | Banking Law

What is Unit banking -         The United States of America (U.S.A) is the birthplace of Unit Bank system. In this type of banking system Indepen…

Types of Marine Insurance Policies | Insurance Law

What is marine insurance -      Marine Insurance is the oldest form of Insurance.  According to Section 3 of the Marine  Insurance  Act, 1963 &quo…

Power and Functions of The Life Insurance Corporation of India | Insurance Law

Introduction-     Parliament of India passed the Life Insurance Corporation Act on 19th June 1956,  and Life Insurance Corporation of India was c…

Establishment, Constitution and Capital of the Life Insurance Corporation of India | Insurance Law

Life Insurance Corporation Act 1956 was passed by the Indian Parliament which came into force from 1st September 1956. Chapter II, Sect…

Who is Accomplice? Kinds of Accomplice, Is He Competent Witness ?

Introduction -            According to judicial decisions, an accomplice is one of the guilty associates or partners in the commission of a crim…
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