Insurance

The definition of insurance can be made from two points: (i) Functional definition (ii) Contractual definition. Functional...

(1). Feature of general Contract: All the features of general contract are also applicable to the fire insurance contract. (a) Pr...

The functions of insurance can be studied into two parts: (i) Primary Functions (ii) Secondary Functions. Primary Functions: (...

Definition: Marine insurance has been defined as a contract between insurer & insured whereby the insurer undertakes to inde...

Life insurance contract may be defined as the contract, whereby the insurer in consideration of a premium undertakes to pay a certain s...

Personal Injury Protection (PIP) is an extension of car insurance available in some U.S. states that covers medical expenses and, in s...

Permanent life insurance is a form of life insurance as any life or endowment funds, where the policy is for the life of the insured, the ...

1. Ohio National: Ohio National Life Assurance Corporation P.O. Box 237 Cincinnati, OH 45201 (800) 366-6654     2. Savings Ban...

Home insurance, also commonly called hazard insurance or homeowners insurance (often abbreviated in the real estate industry as HOI), is t...

*** A policy with a term limit on the coverage period. Once the policy has expired, is the owner of the police to decide to renew the life...