MARINE INSURANCE Marine insurance is the indemnity for the loss of cargo or damage to ships during the shipment. The risks that marine insurance covers are fire‚ seizures‚ wars‚ accidents or causalities which take place over the sea. The winds and waves are not included as risks in the marine insurance. The Indian Marine Insurance Act‚ 1963 is imbibed from the Marine Insurance Act‚ 1906. Though the Marine Insurance Act is deep in its insurance coverage‚ it does not provide for losses that occur
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Principles of Insurance Principles of Insurance An insurance contract is a type of a legal contract in which a type of risk is transferred to an insurance company in return of a premium by the policyholder. As by their nature‚ insurance contracts may be exposed to misconduct by both parties: the underwriter and the policyholder. Therefore six principles of insurance‚ which are recognised by law‚ were created to reduce this type of abuse. In the following pages I will explain these principles
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Insurance Business in Bangladesh: Prospects & Problems Introduction Incidentals of Authorization and Submittal: This analytical report “Insurance Business in Bangladesh: Prospects and Problems” have been prepared as a requirement of the course named- ‘Insurance and Risk Management’ course code- 223. This report is submitted to Md. Abdullah Al Jamil‚ Lecturer‚ Department of Marketing‚ Comilla University on July 13‚ 2011 as authorized on April 13‚ 2011 The investigation was conducted by the Scarlet
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UNIT 212. PROVIDE SUPPORT TO MANAGE PAIN AND DISCOMFORT UNIT 212. PROVIDE SUPPORT TO MANAGE PAIN AND DISCOMFORT 212.1 UNDESTAND APPROACHES TO MANAGING PAIN AND DISCOMFORD 1. explain the importance of a holistic approach to managing pain and discomfort It is important that we take into consideration‚ areas other than physical pain and have a holistic approach. Pain is whatever the person who is suffering it feels it to be. Physical pain can be experienced as a result of disease
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M1 – Explain in detail the responsibilities of the different levels of government in the UK The central government is responsible for the health and safety of people‚ they provide health and safety by maintaining and improving the quality of the environment. The government also has the power to make laws for the entire country‚ in contrast with local governments. However‚ the Prime Minister (David Cameron) is head of the UK government so he’s responsible for all of the policy and decisions he
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Abstract This paper talks about operational innovation which is a competitive weapon at progressive insurance. The case is summarized and the operations management techniques used in this case are explored. Operational Innovation Operations strategy specifies the means by which operations implements corporate strategy and helps to build a customer-driven firm (Krajewski J. 2009‚ pp.9). It links long-term and short-term operations
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A Brief History of Insurance From the early days of civilisation men have formed societies whose members promised to help each other in the event of a misfortune. As early as 900 BC‚ the merchants of the Rhodes Island in the Mediterranean agreed to share certain risks among themselves. The modern concept of insurance — where insurers collect small premiums from their policy holders‚ pay claims to those of them who had incurred losses and make a profit for taking the risks after deducting business
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development. What results hardly amounts to a theory‚ but it does suggest an outline for one. Moreover‚ it provides a primer on the subject‚ a reasonably solid foundation for thinking and talking about the evolution of property rights. I Harold Demsetz’s Toward a Theory of Property Rights‚1 despite its many well-known shortcomings‚ has been the “point of departure for virtually all efforts to explain changes in property rights” since its publication some forty years ago.2 I make it my point of departure
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Your Business Offer Health Insurance? Since the introduction of the Affordable Care Act (ACA)‚ health insurance has changed drastically. If you operate a business‚ a lot of these changes affect you‚ regardless if you offer health insurance or not. If you are considering offering health insurance to your employees‚ then you should take these changes into account along with other information that may affect your decision. Certain Employers Are Required to Offer Health Insurance Once the ACA became
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RUNNING HEAD: MILITARY HEALTH CARE PROVIDERS TRICARE TRICARE HEALTH INSURANCE BASICS AND CLAIMS PROCESSING (MODULE H) 10 A.M-2:00 P.M Ms.Johnson I believe in the principles and purpose of the profession of Medical Assisting. I Endeavor to be more effective. I aspire to render greater service. I protect the confidence entrusted to me. I am dedicated to the care and well-being of all people. I am loyal to my employer. I am true to the ethics of my profession. I am
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