What is General Insurance?
What is General Insurance? Simply put, all insurance products not classified as life insurance products are general insurance products. There are a variety of general insurance pro
What is General Insurance? Simply put, all insurance products not classified as life insurance products are general insurance products. There are a variety of general insurance pro
What is an insurance company? Insurance may sound like a complicated and daunting subject, but it doesn’t have to be. If you’re thinking about buying your first insuran
Types of insurance claims Just buying insurance is not enough. You need to also understand what are the types of claims that you are eligible to make. Are you wondering what are th
Unemployment insurance in India Ever worry about that dreadful letter stating that your employer doesn’t require your services anymore? Does the thought of losing your job keep y
Principles of Insurance (The 7 Principles) Just buying insurance is not enough. The policy buyer also needs to know the rules of the game. The insurance industry and all participan
Meaning of insurance premium So, you’re looking to buy an insurance policy? A prudent choice! That being said, there are a bunch of complicated terms and jargon in the insura
Insurance Sector in India (Key Takeaways) If you’ve ever bought an insurance policy or are looking to buy an insurance policy in India, it would be well worth your time to at
Insurance Regulatory and Development Authority (IRDA) IRDA stands for Insurance Regulatory and Development Authority. It is an autonomous body of the Government Of India tasked wit
Insurance as a contract (key takeaways) An insurance contract is generally a bilateral agreement between 2 parties. Namely, the insurer and the insured. The insurer agrees to bear
How to claim car insurance? Excited about purchasing that shiny new sedan? Awesome! But it’s also important to know about the nitty-gritty of its paperwork. One of the most impor
Effect of GST on insurance premium The Goods And Services Tax (GST) came into effect from 1st July 2017. The introduction of GST affected the insurance sector; specifically on insu
Deposit Insurance and Credit Guarantee Corporation (DICGC) Deposit Insurance and Credit Guarantee Corporation (DICGC) Deposit Insurance and Credit Guarantee Corporation (DICGC) is
Agriculture Insurance Company of India Agriculture Insurance Company Of India(AIC) is a wholly-owned subsidy of the Government Of India. It was formed under the Companies Act 1956
What is Term Insurance? Have you ever pondered about what would happen to your loved ones once you’re gone? Will their lifestyle be adversely impacted? Will your children be sett
Treaty Reinsurance A treaty reinsurance contract is a contract between an insurance company and a reinsurance company. According to the terms of the contract, an insurance company
Principles of Marine Insurance Like any other branch of insurance, marine insurance is also governed by certain principles. Understanding these principles is crucial for any marine
Principle of Indemnity Insurance has 7 primary principles that the insurer, as well as the assured, should abide by. They are: Indemnity Utmost good faith Subrogation Contribution
Principle of Contribution The principle of Contribution is one of the 7 primary principles of insurance. This article will aim to provide clarity on this concept and enlighten the