History, asked by shaikhnilofarr8291, 3 days ago

what is insurance explain the principles of insurance?

Answers

Answered by tharun3535

3

Answer:In the insurance world there are six basic principles that must be met, ie insurable interest, Utmost good faith, proximate cause, indemnity, subrogation and contribution. Insurable Interest. The right to insure arising out of a financial relationship, between the insured to the insured and legally recognized.

Explanation: pls mark me as brainliest

pls

Previous Question

Next Question

Similar questions

Science, 1 day ago

Fill in the blanks : chain. 1. Forests make favourable conditions for 2. movement was initiated to save forests. 3. Depletion of resources is a threat to the survival of human beings. 4. One living organism is directly linked to other via 5. Excessive felling of trees causes of soil. 6. Farmers use pesticides excessively. 7. Food chains are inter-connected in a 8. Nitrogen does not support ...

Physics, 1 day ago

B. State whether the following statements are true or false : 1. Gold is a ferromagnetic substance. 2. Chemically magnetite is Fe,0,. 3. Artificial magnets are more powerful than natural magnets. 4. Coins are attracted to a bar magnet as they contain nickel. 5. A U-shaped permanent magnet attracts iron less strongly than a bar magnet. C. Statements given below are incorrect. Write the...

Computer Science, 1 day ago

Prepare a MS PowerPoint presentation on the topic "Human Intelligence V/s Artificial Intelligence". Prepare 5 slides, and use pictures to illustrate the difference. Use one slide for one difference.

Social Sciences, 3 days ago

What flower is grow on tree ...

English, 3 days ago

From June to October, heavy seasonal rains cause flooding throughout a large portion of Bangladesh. Traveling becomes difficult or impossible. Architect Mohammed Rezwan decided that if students could not travel to school, he needed to find a way to bring education to the students. He decided to turn boats into floating schools that could travel through flooded areas. Rezwan began with one boat,...

Social Sciences, 8 months ago

5. In............... state boundaries were reorganisedon some linguistic basis. 9. The Nilgiri hills consists of .........peaks with more than 2000 metres. 10. Kalakad Mundanthurai...........reserves is located in Pothigai hills region. Please tell the answers...., And answer the questions in that photo too.

Math, 8 months ago

for 30 eggs price is 165 Wt is price for one egg?

Math, 8 months ago

please if you know tell me how to factorise 8y³+27z³...