February 13, 2017

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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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