The legal forms of Conventional Insurance

The legal forms of Conventional Insurance What are the legal forms of Conventional Insurance? From historical background of conventional companies, we find that three predominant legal forms have been used …

Why every risk is not insured?

Why every risk is not insured?   Insurance companies do not cover all risks. That is to say, all risks are not insurable. Usually it is only the ‘pure’ risks …

How risk is handled?

How risk is handled? An individual is always Concerned because of the uncertainties of life. He does not know whether or not a given loss will occur to him individually. …

What do you Know about risk?

What do you Know about risk? Risk has been defined as the uncertainty as to the occurrence of an economic loss. It is the passivity of adverse result from a …

Miscellaneous Insurance

Miscellaneous Insurance 1. Definition: “Miscellaneous Insurance Business” means the business of effecting contracts of insurance which is not principally of any kind of Marine and Fire Insurance.” 2. Kinds of …

Fire Insurance

Fire Insurance Indeed, while fire under control is a magnificent servant, it is equally true that out of control, fire is a terrible and merciless master ; It does not …