Definition It is not the latest, but the direct, dominant, operative and efficient cause that must be regarded as proximate....
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Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts
THE PRINCIPLE OF SUBROGATION IN INSURANCE
Principle of subrogation Subrogation means the restitution of the rights of an assured in favour of the insurer against the ...
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PRINCIPLE OF INDEMNITY
Principle of Indemnity . The dictionary meaning of ‘indemnity’ is ‘the protection or security against damage or loss or security a...
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INTRODUCTION TO INSURANCE PRACTICE
Every individual family and business organization needs insurance, for inherent risk exposures to which they are exposed. Insuran...
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