Insurance Insurance a defensive measure used against future conditional losses to hedge the possible risks of the future. It is a legal contract that protects a person from contingent risk of losses through financial means and provides a means for individuals and societies to handle some of the risks faced in daily life. Policies the contracts of insurance that are provided by insurance companies. Premium the regular amount charged from customers by the insurance companies‚ which is
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UNIVERSITY OF THE WITWATERSRAND SCHOOL OF ECONOMIC AND BUSINESS SCIENCES BUSE221-INSURANCE AND RISK MANAGEMENT IIA COURSE NOTES GENERAL PRINCIPLES OF INSURANCE LAW Apart from the principles governing all contracts insurance is also governed by its own unique principles. INDEMNITY • Is perhaps the most fundamental principle of insurance law. Object of indemnity is to place the insured after the loss in the same position he occupied immediately before the loss. He is not to be placed
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Project report LIC House loans and othe type of policies Submitted By: Raju Somani Life Insurance Corporation Company Brief LIC Housing Finance Ltd. (LICHFL) is one of the largest housing finance companies in India. Almost 93% of the company’s loans are to retail customers and the balance 7% to project developers. The promoter‚ namely LIC of India‚ meets 8% of the total fund requirements
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Examinership‚ Liquidation and Receivership are the three main insolvency schemes in Ireland; they are provided for in Part VII and Part VIII of the Companies Act 1963 as amended in 1990. The main differences between examinerships‚ liquidations and receivership are outline below; Examinership Examinership is a process where a Company that is insolvent or likely to become insolvent may be placed under the protection of the Court for a period of up to 100 days so as to enable the Examiner to formulate
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Date of Submission: 17.02.2014 GROUP PROFILE Serial No. Name Roll No. 1. Zan Nesar alim Qaderi 18-011 2. Samia Israt Jerin 18-053 3. Fahmida Islam Jinia 18-069 4. Farid Molla 18-115 5. Sirazum Munira Haque 18-169 February 17‚ 2014 PallabiSiddiqua Assistant Professor Department of Finance University of Dhaka Subject: Submission of term paper on “Principle of Utmost Good Faith” Dear Madam‚ We are very happy to state
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subject has been introduce to students. it has been a pre-requisite in every Bachelor of Science (BS) courses. The students must accomplish the subject ant its requirements in order for him/her to qualify for graduation. Having a BS course‚ the Fides Christi batch 2008 (Bachelor of Science in Nursing Level III) is therefore required to accomplish a research work. The student’s will focused on the Nursing Research. After conducting their studies‚ the students are required to defend it to a set of
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JP2: all people are philosophers ask and have answers to ultimate questions -philosophers because how we react to things in life such as DEATH‚ Everyone lives out the answers to our big picture ultimate questions. d) Use the terms fides qua and fides quae to explain in what sense everyone has a faith‚ and in what senses people’s faith differ. Define the theological virtue of faith‚ noting what type of
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hand‚ separating faith from reason would cause faith to be viewed as mere fable or superstition. The two must cooperate in equal conjunction in order for the human spirit to rise to the contemplation of truth as proposed in the encyclical letter ‘Fides et Ratio’ by the late supreme pontiff Pope John Paul II. Reason could be simply defined as the logical conclusion drawn from literal occurrences or the confirmed nature of a tradition or practise. However more elements of Reason hold true in addition
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The district court held for the county‚ finding that the policy of assignment was based on a bona fide occupational qualification (BFOQ) and so it was not illegal gender discrimination. The female officers appealed. What would be evidence that the county had a valid BFOQ? In order to answer these question‚ we will need to discuss and define gender discrimination and discuss the elements of Bona Fide Occupational Qualifications (BFOQ). Gender discrimination is when an employer discriminates against
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Christianity- Block 3 Professor Dr. Joel Kant 13 Apr 2017 During the early 1500’s‚ three theological philosophies came to recognize the Reformation: Sola gratia‚ sola fide‚ and sola scriptura. Sola gratia (Latin‚ ‘grace alone’ or ‘by grace alone’) this highlights that salvation occurs by God’s ‘grace alone’. Sola fide (Latin‚ ‘faith alone’ or ‘by faith alone’) is alike in that it stresses that people accept God’s gracious offer of salvation by (or through) ‘faith alone’. Sola scriptura (Latin
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