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…
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Amount recoverable under Life Insurance policy (LIC)
What is Insurance? According to Justice Tindall, "Insurance is a contract in which a sum of money is paid to the assured in consi…
Powers of Insurance Regulatory and Development Authority of India (IRDA)
Powers of Insurance Regulatory and Development Authority of India (IRDA) - According to Section 26 of the Insurance Regulatory and Developme…
Duties and functions of insurance regulatory and Development Authority of India (IRDA)
Establishment of insurance regulatory and Development Authority of India - For reforms in the Insurance sector in order to make it more comp…
Types and Evolution of insurance in India
What is insurance - Insurance is a contract between two parties. Here one party is insured and another party is the insurer. Insurance…
Discuss how Insurance is important for Individuals, Organizations, Industry and the Economy.
Introduction - In our day-to-day life, we all anticipate various kinds of risks. No one can see an upcoming loss or accurately pr…
Reopening of Partition (Family Law)
Reopening of Partition - According to Manu, " once only a partition made. To this principle, however, there are the following e…
Who is ‘Hindu’ as per the Hindu Marriage Act,1955
Hindu Marriage Act, 1955, This Act came into force on 18 May 1955. This Marriage Act governs Hindu marriages and has brought about important…