Vehicular insurance is usually counted on when there is an accident concerning a car or another vehicle. More. Car insurance PowerPoint template and keynote is a professional design for a detail and exclusive presentation on the benefit of general insurance. 3. Running a business has its difficulties, especially when it comes to protecting yourself from losses and managing liabilities. The insurer ... General Insurance: Property Insurance: Marine Insurance: Fire Insurance: a contract between the insured and the insurer. 3 4.1 OBJECTIVES At the end of this lesson you will be able to know: z Various principles applicable to life insurance contract. The insurance has the following characteristics which are, generally, observed in case of life, Although each of the authors have defined Insurance Types of insurance. Winner of the Standing Ovation Award for “Best PowerPoint Templates” from Presentations Magazine. Now customize the name of a clipboard to store your clips. INSURANCE ACT. marine, fire and general insurances. If car insurance is renewed within 90 days of car insurance expiry, then the NCB remains intact. If you continue browsing the site, you agree to the use of cookies on this website. 3. Working 8. Contract of ‘Uberrimae fidei’ or Contract of Utmost good faith. Easy to Get Insurance. Premiums explained. 1/10/2018 Mitigation of Impediments Insurer Designing a less complex products Transparency in the product features Clarity in policy terms, conditions & exclusions — Efficient back-office support for underwriting and claims processing Higher Reinsurance Need for quicker services. Features of these PowerPoint presentation slides: Presenting this set of slides with name four arrows for types of insurance ppt PowerPoint presentation layouts design inspiration pdf. The life insurance and general insurance differ in the way that life insurance covers the life risk, whereas general insurance does not cover the risk of life. Nature of Insurance Contract - Features of Insurance Contract - Types of Insurance - Concept of Intermediaries – Market Players and their Roles - Agents, Brokers, Surveyors & Loss Assessors, Health Third Party Administrators, Certification of Insurance Professionals, Training Organizations. Instead of this uncertainty, it provides the certainty of regular payment i.e. It is a risk-management technique used for hedging against various uncertain losses. A general insurance compensates you for financial loss due to liabilities related to your house, car, bike, health, travel, etc. These principles are known as the fundamental principles of the law of Insurance and these are discussed in the following chapters. 5. UNIT 1 Now customize the name of a clipboard to store your clips. Looks like you’ve clipped this slide to already. Indemnities under Personal Accident Insurance 1. Elements of Insurance Contracts are basically 2 types; (1) the elements of the general contract, and (2) the element of special contract relating to insurance. Both the parties to the contract, that … 4. ... – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 242c1-YTQxZ Chapter 01 concepts and principles of insurance, TYPES OF LIFE INSURANCE POLICIES IN INDIA, No public clipboards found for this slide. The advanced features of the insurance policy management software have modernized the way insurers manage the policy administration process. Well-crafted template with instant download facility. If you compare, the same premium that you pay at your 30s will cost you double in your 50s. WHAT IS GENERAL INSURANCE? Nature 4. The insurance company promises to pay you a sum assured to cover damages to your vehicle, medical treatments to cure health problems, losses due to … This modern insurance illustration of PowerPoint is useful in … Disability ... MEDICAL INSURANCE POLICY FEATURES AND DEFINITIONS. Term life insurance provides benefits to a named beneficiary for a specific term from the initiation of the policy. The time and amount of loss are uncertain and at the happening of risk, the person will suffer loss in absence of insurance. Some forms of insurance are required by law, while others are optional. INSURANCE Value of Risk. Ppt insurance ... 1. Meaning of Insurance 2. 1. different insurance companies that offer wide range of insurance options and an insurance This is a four stage process. Looks like you’ve clipped this slide to already. Working 8. Type of insuranceLife Insurance Home Insurance Property Insurance Auto Insurance Health Insurance 4.
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