Our guide offers a comprehensive overview of insurance principles, types, and applications. Learn how insurance helps risk management in business and personal life, explore insurance history, understand key principles and know how each type of insurance business work.
Self-insurance is one of the forms of planned retention by which the part or full of the exposure arising due to a risk factor is retained by the firm. Self-insurance programs differ from other programs in the sense of the formal arrangements made.
In Ireland, securing a mortgage typically necessitates obtaining mortgage protection insurance—a policy designed to clear the outstanding mortgage balance in
Unlock the advantages of self-insurance: cost savings, better risk assessment, and reduced disputes. Retain control over risks and strengthen financial resilience.
Protect Your Freight with Comprehensive Cargo Insurance. Learn about Types, Benefits & Importance. Secure Your Shipment Today!
Discover the Principle of Contribution in insurance, where multiple policies share coverage for the same loss. Learn how it affects claims settlement.
Explore the key principles of fire insurance policies, including insurable interest and good faith. Learn how to protect your assets and ensure proper coverage.
Learn how insurance cover notes work as temporary evidence of insurance during negotiation periods. Know the importance, duration, and scope of cover notes.
Uncover the rich history of the insurance industry, from ancient origins to modern practices. Explore marine, fire, life, and accident insurance.
Learn about insurance hazards, including physical and moral hazards, with examples. Protect your business and make informed insurance decisions.
Know life insurance bonus: definition, features, types. and discover how participating and non-participating policies work and their impact on policyholders.
Discover the 7 Functions of Insurance: Learn how insurance spreads risk, provides certainty of payment, offers protection, and promotes economic progress.
Understand the Difference Between Insurance and Assurance: Explore the various perspectives on these terms and their usage in theory and practice.
Explore the various types of marine losses, from total to partial. Learn about actual and constructive total losses, average losses, and more.
Master the concept of risk and insurance. Explore definitions, types, and the impact of fortuitous events on assets.
Discover the concept of surrender value in life insurance policies. Learn how surrendering your policy works and the factors that affect the cash value.
Discover war risk insurance, coverage exclusions, and the impact of the War Risk Insurance Act on shipping and individuals.
Discover the disparities between insurance and gambling. Explore risk protection versus uncertain outcomes. Gain insights into the differences now!
Discover the meaning and significance of reinsurance, its types, and real-world examples. Learn why reinsurance matters and how it helps manage risks.
Learn how to claim a constructive total loss through a notice of abandonment. Understand the process and implications for partial losses.
Discover the essence of insurance: a cooperative tool to mitigate financial risks, providing protection and peace of mind against uncertainties.
Discover the Power of Insurance Proposal Forms: Learn How to Provide Essential Details for Comprehensive Protection.
Learn about the 12 marine perils in marine insurance, including sea perils, fire, man-of-war, pirates, jettison, and more.
Discover the importance of insurance in business, reducing financial risks and enhancing efficiency. Protect your assets and ensure business continuity.
Discover the different types of treaty reinsurance, including Quota Share, Surplus, Excess of Loss, Excess of Loss Ratio, and Pools.
Uncover the 7 elements of insurable risk for comprehensive insurance protection. Learn how insurance providers measure risk levels and determine premiums.
Explore marine hull insurance, its types (cargo vessels, bulk carriers, tankers, passenger vessels), coverage, and underwriting process.
Explore facultative reinsurance, its process, benefits, and considerations. Learn with an illustrative example. Make informed insurance decisions.
Explore Annuity, it’s types, and how they differ from life insurance. Discover how annuities offer consistent income for a set period or your lifetime.
Discover the definition, functions, and importance of fire insurance in protecting against financial loss caused by fire and other perils.
Discover the power of captive insurance for risk management. Learn about pure captives and group captives. Gain insights into the benefits and advantages.
Discover the characteristics and functions of National Insurance. Learn about contribution rates, cover provided, and the financial security it offers.
Discover the importance of Utmost Good Faith in insurance contracts. Learn about disclosure obligations and ensure fair insurance relationships.
