GROWTH OF MOTOR INSURANCE Vehicle first appeared on the roads in United Kingdom (UK) during 1880’s‚ but the first motor insurance is issued during 1890’s. Therefore it is almost 10 years time people use a motor vehicle as a mode of transportation without insurance coverage. Therefore‚ through their (insurer) experiences on other classes of insurance such as fire‚ theft & liability‚ they introduce the motor insurance towards the use of transportation. Then they emphasis it (motor insurance) on the subject
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1. The UTRUM: "Whether or not it is the case that there is proof for God ’s existence." 2. The VIDETUR: "It seems that the existence of God can be proven in five ways by the Cosmological Argument." Saint Thomas Aquinas‚ put forth his own theory on the existence of God. In his text "Whether God Exists"‚ he stated that through his five arguments he could prove God ’s existence. His five arguments are from motion‚ from first efficient cause‚ from possibility and necessity‚ from gradation
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between insurance and hedging Insurance is generally an action taken to offset the impact of a negative event. Taking out insurance is a bet that something bad may happen and that protection against it is needed. Hedging is a type of insurance. However‚ hedging is a markedly different method of insurance from home‚ auto and flood insurance. Hedging refers to any series of actions taken to offset the potential risk of losses on a financial investment. Medical‚ home‚ auto and flood insurance policies
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Geico is an insurance company and offers its service to a selected target audience. Geico was established in the mid 1930’s by the names of Leo and Lillian Goodwin. Their objective was to offer the same benefits of other insurance companies but with lower premiums. Some of the benefits it would offer are liability‚ collision‚ comprehension‚ fire and theft. Many people started to see the benefits of the company and it started to grow its customer base. It is now one of the largest insurance companies
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One of my weaknesses is being a charismatic leader‚ most of the employees say that if I leave the insurance agency it would fall apart. Sometimes I feel as though I can do no wrong and I am to important to the agency to be let go. I need to cross train more‚ I am the only person in the agency that is an expert in manufacturing risks and the only person that is an expert in surety bonds. This puts the agency in a very volnerable situation and if I should be removed or leave the agency it would be
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Rural Insurance in India the untapped waters The real source of marketing promise is not wealthy few in the developing world‚ or even the emerging middle income consumers. It is the billions of aspiring poor who are joining the market economy for the first time. ---C.K.Prahlad Rural India is where the next ‘big’ opportunity is. Indian rural market constitutes
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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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These companies played a vital role in providing large sums of finances to the event. However‚ many conflicts did arise with regards to the Health authorities‚ who weren’t accepting ‘fatty foods’ to be largely promoted on such a large platform like the London Olympics. “London cardiologist Dr Aseem Malhotra is so concerned about the impact on people’s health he is questioning the association of the some of the key sponsors like Coca Cola‚ Cadbury’s‚ McDonalds and Heineken with the
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Plan of Investigation The purpose of the investigation is to answer the question: To what extent did the Soviet Construction of the Berlin Wall affect the economic health of East Germany? The main body of the investigation serves to outline Germany’s economic health while the Berlin Wall is in place. Background information will be given to provide the information as to why the Berlin Wall is affecting East Germany. History‚ a tv channel‚ or educational website and The Economic History of Germany
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The Effect of the Health Insurance Portability and Accountability Act on the Privacy of Electronic Medical Records The past decade has encountered a strong push for medical providers across the United States to adapt to a universal electronic medical record system. Throughout this essay‚ we will discuss the effect of the Health Insurance Portability and Accountability Act on the privacy of patient electronic medical records. This article discusses the failures and successes of HIPAA‚ including
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