What is auto insurance ? The insurance is covered by a contract or agreement between two parties. The first party is the insurance c...
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Probability of loss / chance of loss For example, leaving the keys inadvertently in the car door increases the risk of theft and the ...
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Motor insurance claim, facilitates the repair of the vehicles in any of the cashless garage network. Nevertheless, if the vehicle i...
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Self-retention is the percentage of risk that a person holds for his own account without being insured or reassured. Self-retention i...
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Insurance in terms of risk insured from it The insurance can be divided into different branches on the basis of the type of insured ...
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Loss of profit insurance provides protection to the insured against: 1 Loss of net profit as a result of production shortfall or in...
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Fire insurance documents vary in conditions, exceptions and wording from country to country and from time to time. Therefore, we wi...
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The return of life insurance is a method whereby the life insurance company, which insures the life of the insured, transfers pa...
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Deferred life insurance means deferring protection (death risk coverage) in the early years of issuing the document. Therefore, th...
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Is a temporary life insurance but includes a condition that allows the contractor to convert the temporary document into any monetary...
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The previous section dealt with the concept of insurance pricing. This section will deal with the pricing procedure, and its ...
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The success of the competitive market depends on pricing. Basically, price is the value that sellers set on the products they ...
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Insurance is a vital element of any sound financial plan. Insurance companies are financial institutions with financial goals. In...
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Gap insurance covers the excess amount on your auto loan in an instance where your insurance company does not cover the entire l...
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While many underwriters believe that the cycle is out of their hands, Lloyd’s is trying to push for more proactive management of...
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Some communities prefer to create virtual insurance amongst themselves by other means than contractual risk transfer, which assign...
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