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Meaning, Characteristics or nature, Significance, Principles, Scope of Fire Insurance

A fire insurance is a contract to indemnity, to the insured for destruction of or damage to properly caused by fire. The insurer undertakes...
Claim concession

Normally, a death claim becomes payable so long as the policy is kept in force by payment of due premium. In other words if the payment of...
Procedure of Effecting Fire Insurance

The steps to be followed in connection with affecting fire insurance are as under: Selection of insurer : The selection of the insurance c...
History of Insurance

Although modern insurance transactions are somewhat different from those used by the river boatmen, the result is the same. The similarities...
Definition of Business Finance

According to the Wheeler, “ Business finance is that business activity which concerns with the acquisition and conversation of capital fun...

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