Name: Unlocking the World of Insurance: A Comprehensive Guide
SKU: 14761
Price: 4299.00 INR
Availability: InStock

What is insurance?
How does insurance work?
What are the risks of not having insurance?
Who are the parties involved in an insurance agreement?
What are the guiding principles of insurance?
What is the meaning of “uberrimae fidei” in an insurance contract?
What is a material fact in the context of insurance? Can you provide an example?
How does the principle of utmost good faith differ from the general principle of good faith in other contracts?
What are the consequences for an insured who fails to disclose important information to the insurer?
What happens if an insurer breaches the principle of utmost good faith?
What is the meaning of insurable interest?
Why does insurable interest matter in insurance?
Does the requirement for insurable interest apply at the beginning of a policy, at the time of a claim, or both?
What is the purpose of the principle of indemnity in insurance?
Does the principle of indemnity apply to all types of insurance?
What factors influence indemnity in insurance?
Can you clarify the term “proximate cause” in insurance?
What happens when a loss is the result of multiple factors – is the insurer still liable?
Why is determining the proximate cause of a loss often a challenging legal issue?
Does the size of an insurance claim influence an insurer’s decision to deny liability?
What difficulties arise when trying to identify the direct and immediate cause of a loss?
What happens when multiple factors contribute to a loss simultaneously?
How is a dispute over proximate cause between insurer and insured resolved?
What is the principle of subrogation in insurance, and how does it work?
Why is subrogation important in the context of insurance claims?
What is the principle of contribution, and how does it impact insurance claims?
How do insurers determine their respective shares of the loss?
Is the principle of contribution applicable to all types of insurance policies?
What is the principle of loss minimization in insurance?
What actions can an insured take to mitigate losses?
What are the consequences if the insured fails to take reasonable steps to minimize losses?
What are the various functions of insurance?
How does insurance help individuals and businesses mitigate potential losses?
How does insurance facilitate business operations?
How does insurance protect policyholders from unforeseen events and losses?
What is the primary purpose of insurance?
What are the various types of insurance? Discuss.
What is the purpose of life insurance?
Can life insurance premiums be paid in a single lump sum, or are there other payment options?
How does life insurance provide financial security and protection to the family in the event of the policyholder’s death?
What is meant by the term “insurable interest” in the context of life insurance?
How does the concept of insurable interest protect against insurance fraud in life insurance?
Whether the claim is payable if the insured dies by suicide?
What are the necessary elements that a life insurance contract must possess to be considered a valid contract?
What distinct features set a life insurance contract apart from other types of contracts?
What information is considered crucial and must be disclosed by the policyholder to the insurer, and why is it important?
Life insurance is contract of assurance rather than indemnity. Discuss.
What are the essential considerations that should be kept in mind while selecting a life insurance policy?
What factors influence the cost of a life insurance premium?
What are the different types of life insurance policies available in the market?
What are the key characteristics of a whole life insurance policy?
How does a joint life insurance policy work, and what are its advantages?
Which individuals may find annuity policies a suitable option for their financial goals?
In children’s endowment policies, whose life is primarily insured – the child’s or the parent’s?
What are the main features that make money-back insurance plans attractive to policyholders?
Who are the typical buyers of group insurance plans?
What is meant by term insurance?