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Motor Vehicle insurance

All people who use motor vehicles and motor bicycles on high ways should obtain an insurance coverage to cover the possible damages to external parties due to any accident. Such insurance policy compulsory for the users of vehicle and it is a legal requirement. This policy is called compulsory to have third party cover before
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Fire Insurance

Fire insurance covers any kind of damages caused by fire to the property such as buildings, houses and household utensils. Major coverage’s of fire insurance is the fire damage. The insurance is bound to pay the relevant compensation over the damage. By paying an additional amount for the total installment the insured can obtain coverage
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Marine Insurance

It a type of insurance that covers the damages reacted to marine losses or on navigation actives goods on transit as well as the hull is insured under this marine insurance. This type of insurance is much important for Bushmen who involve in imports and export transactions.In navigations, Damages occurred due to fire, lightening, bursting,
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1. A Valid contact Features Of valid contract should be included in the agreement. 02. Insurable Interest It means the legal right to insure a property or a life. One can’t insure a thing which doesn’t belong to him. According to that, there may be an economic advantage when there is safe existence of a
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Procedure of obtaining an insurance coverage

Procedure of obtaining an insurance coverage If someone needs to have an insurance, firth he should submit an insurance proposal to a selected insurance company after accepting the proposal by the company both parties come to a written agreement which is called the insurance agreement Parties related to insurance agreement First party -; insured the
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Insurance based on the ability of measuring the risk in monetary terms. Insurers are covering only the insurable risks. Some risks which are faced by people are unable to insure such risks re.   Failure of exams, lose of love and affection risks based on personal abilities. 2. stock expiration, depreciation, business risks based on
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The insured is bound to pay insurance installments and the insurer agrees to pay claims for the insured in the event of damages. Insured face different risks in life. So that they obtain insurance policies to indemnify their risks. Thus the insurance fund is created or any damage of insured property necessary, compensation is paid
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Driving is unsafe business and we as a whole need assurance. Put resources into the nation’s most far reaching engine protection strategies and let us deal with you while out and about. some insurance company gives broad advantages to the proprietor of the vehicle, inhabitants and even people on foot while going past the standard
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