Fire safety at home
Safety Around the Home Electricity surrounds us - shaping the universe in which we live and driving modern society of which we are a part.…
Principle of Insurance – No 7
Principle of 'Causa Proxima': 
- The loss of insured property can be caused by more than…
Principle of Insurance – No 6
Principle of Loss Minimization: 
According to the Principle of Loss Minimization the insured must always try…
According to the Principle of Loss Minimization the insured must always try…Principle of Insurance – No 5
Principle of Subrogation:
- As per this principle after the insured is compensated for the loss due to damage to property insured, then the right…
Principles of Insurance – No 4
Principle of Contribution:
- The principle is a corollary of the principal of indemnity.
- It is applicable to all contracts of indemnity.
- Under this principle…
Principles of Insurance – No 3
Principle of Indemnity:
- Indemnity means a guarantee or assurance to put the insured in the same position in which he was immediately prior to…
Principles of Insurance – No 2
Principle of Insurable Interest: 
The principle of insurable interest states that the person getting insured must…
The principle of insurable interest states that the person getting insured must…Principles of Insurance – No 1
Principle of Utmost Good Faith:
- Both the parties i.e. the insured and the insurer should show good faith towards each other.
- The insured must…
Basic Principles of Insurance
The main objective of every insurance contract is to give financial security and protection to…7 Things to know about financial advisers
The FSCA has produced and issued the brochure; 7 Things to know about financial advisers. To read or download please click on the following link:…