returned because a policy of insurance is a contract of indemnity. Second if the insurer does not run the risk‚ the consideration for which the premium or money was put into his hand‚ fails‚ and therefore he ought to return it. Another rule is that if the risk of the contract of indemnity has once commenced‚ there shall be no apportionment or return of the premium afterwards. 2. Explain difference of insurance and wages ? (6/10) Answer : Insurance contract are : ❖ The
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Tiffanny Santos Week 4 Outline Intro: For someone like me who has no health insurance it is very hard to keep up with my healthcare‚ but with the new health care laws that are coming about it may be a little easier for people to stay healthy. Thesis: Healthcare is a very important part of life‚ it keeps people healthy‚ but is also non-affordable if you do not have any health insurance. A. Why is healthcare important? Longer more productive living for one To ensure a healthy
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Introductory Insurance • • • • • Introductory Insurance 1 Introductory Insurance 2 • “ ” • “ ” Introductory Insurance 3 Introductory Insurance 4 • • “ ” Introductory Insurance 5 Introductory Insurance 6 1 Outline • • • • • • 1 2 3 4 5 1: 1 ; 2: 1 2 3 • • • • • …… “ ” Introductory Insurance 7 Introductory Insurance 8 • • • • • Introductory Insurance 9 Introductory Insurance 10 10 Introductory Insurance
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uncertain events like theft‚ fire‚ accident‚ etc. Insurance is a financial service for collecting the savings of public and providing them with risk coverage. The main function of insurance is to provide protection against the possible chances of generating losses. It eliminates worries and miseries of losses by destruction of property and death. It also provides capital to the society as the funds accumulated are invested in productive heads. Insurance comes under the service sector and while marketing
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Micro insurance Micro insurance is the key element in the financial services for people at the bottom of the pyramid. The poor face more risks than the well off‚ but more importantly they are more vulnerable to the same risk. Usually the poor face different type of risks i.e. Household type‚ drought and epidemic etc. To combat these risks‚ the poor do‚ proactive risk manages meat like grain storage‚ savings‚ assets accumulation loans from friends and relatives. Micro insurance provides greater
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Reyes | Insurance Matrix | 6/30/2012 | ------------------------------------------------- University of Phoenix Material Insurance Matrix Directions – Matrix For each type of insurance listed in the matrix‚ identity three functions‚ three coverage characteristics‚ and three companies that offer this type of insurance. Type of Insurance | Functions | Coverage Characteristics | Companies That Offer It | Auto | 1.Loss2. Damage.3.Accident(Collision) | Liability insurance for those
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ACROPOLIS FACULTY OF MANAGEMENT & RESEARCH SYNOPSIS FOR THE MAJOR PROJECT REPORT TOPIC “A study on consumer perception towards health insurance companies and products with special reference to claim rate” Guided By: Submitted By: Dr. Jitendra Sharma Neha Sharma Finance and HR MBA (III-Sem)
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Page 1: Insurance Page 2: Lloyds contribution Lloyd’s of London (also known simply as Lloyd’s) is an insurance market located in London’s primary financial district‚ the City of London. It serves as a partially mutualised marketplace where multiple financial backers‚ known as underwriters‚ or "members"‚ both individuals (traditionally known as "Names") and corporations‚ come together to pool and spread risk. Page 3: Unlike most of its competitors in the industry‚ it is not a company but it is
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University of Phoenix Material Insurance Matrix Directions – Matrix For each type of insurance listed in the matrix‚ identity three functions‚ three coverage characteristics‚ and three companies that offer this type of insurance. |Type of Insurance |Functions |Coverage Characteristics |Companies That Offer It | |Auto |Protect the owner of the vehicle
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| Subliminal Perception | Term Paper | | Introduction: “If the grace of God miraculously operates‚ it probably operates through the subliminal door” William James‚ American philosopher and psychologist. As the quote suggested we cannot see god’s ability on our life still we believe in miraculous ability of god operation‚ so the quote says the miraculous ability of the god is through the subliminal door which is below the level of awareness. Another example that can be taken
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