INSURANCE

INSURABLE AND UNINSURABLE RISKS

INSURABLE AND UNINSURABLE RISKS

MEANING OF INSURABLE RISK Insurable risks are those risks accepted for an amount by an insurance company followed with a ...
THE CONCEPT OF RISK

THE CONCEPT OF RISK

DEFINITION OF RISK There is no universally accepted definition of risk. It could be defined from any side or angle ...
HISTORICAL DEVELOPMENT OF INSURANCE

HISTORICAL DEVELOPMENT OF INSURANCE

The origin of modern insurance dates back to the practice of merchants in Italy as early as the 12th century ...
ELEMENTS AND ESSENTIAL FEATURES OF AN INSURANCE CONTRACT

ELEMENTS AND ESSENTIAL FEATURES OF AN INSURANCE CONTRACT

ELEMENTS OF AN INSURANCE CONTRACT A contract of insurance requires the presence of the following: Offer. Acceptance. Intention to create ...
DEFINITION OF INSURANCE

DEFINITION OF INSURANCE

Insurance can be seen as a wiseman arrangement of transferring a future loss to someone else by the way of ...
INTRODUCTION TO INSURANCE

INTRODUCTION TO INSURANCE

Individuals and business enterprises are exposed to risks on daily basis as they carry out their daily activities. These risks, ...
HAZARD

HAZARD

Hazard can be defined as any occurrence that can either cause or increase the likelihood of a loss. It is ...
INSURANCE PREMIUM

INSURANCE PREMIUM

MEANING OF UNDERWRITING This is the process by which insurers assess the proposed risk presented for insurance protections towards the ...
SUBROGATION

SUBROGATION

INTRODUCTION The principle of subrogation plays an important role in the operation of insurance contract. It has been said earlier ...
Loading...
Link. Link. Przyszłość i rozwój terapii tlenem hiperbarycznym w kosmetyce i medycynie estetycznej.