Marine Perils: Understand 12 Risks in Marine Insurance
Learn about the 12 marine perils in marine insurance, including sea perils, fire, man-of-war, pirates, jettison, and more.
Learn Insurance and It’s Concepts [Complete Guide]
Understand the functions and importance of insurance in business and personal life. Learn about insurance basics, fire insurance, contracts, life insurance, marine insurance, reinsurance, and risk management.
We explore insurance history, the difference between insurance and gambling, and the difference between insurance and assurance. insurance principles include proximate cause, utmost good faith, subrogation, and indemnity. It provides insights into life insurance, marine insurance, reinsurance, and risk management.
Explore the comprehensive guide to insurance, covering principles, types, and applications.
Learn Insurance from our comprehensively written articles and guide on various aspects of insurance, including its principles, types, and applications.
6 Importance of Insurance For a Business
Discover the importance of insurance in business, reducing financial risks and enhancing efficiency. Protect your assets and ensure business continuity.
Insurance Cover Note: Temporary Evidence of Insurance
Learn how insurance cover notes work as temporary evidence of insurance during negotiation periods. Know the importance, duration, and scope of cover notes.
Captive Insurance: Meaning, Types, Benefits, Examples
Discover the power of captive insurance for risk management. Learn about pure captives and group captives. Gain insights into the benefits and advantages.
3 Types of Risk in Insurance
Discover the 3 types of risks in insurance: financial vs. non-financial, pure vs. speculative, and fundamental vs. particular risks.
Principles of Fire Insurance Policies
Explore the key principles of fire insurance policies, including insurable interest and good faith. Learn how to protect your assets and ensure proper coverage.
War Risk Insurance: Definition, Policy, Coverage
Discover war risk insurance, coverage exclusions, and the impact of the War Risk Insurance Act on shipping and individuals.
Principle of Indemnity in Insurance
Discover the principle of indemnity in insurance, ensuring you're fully covered and returned to your pre-loss financial position. Learn how it works.
Marine Insurance Warranties
Unlocking the Essence of Marine Insurance Warranties: Understand the Importance of Seaworthiness, Legality, and Other Key Factors. Learn More Now!
Insurable Interest: Definition Types, Example
Discover the definition, types, and examples of insurable interest. Learn why it's crucial for insurance policies and how it protects against financial losses.
![Subrogation Principle in Insurance [Complete Guide]](https://i0.wp.com/www.iedunote.com/img/264/subrogation-principle-in-insurance.jpg?resize=320%2C180&quality=100&ssl=1 "subrogation principle in insurance")
Subrogation Principle in Insurance [Complete Guide]
Understand Subrogation in insurance: its definition, principles, and implications. Learn how Subrogation protects both insurers and insured parties!
7 Functions of Insurance
Discover the 7 Functions of Insurance: Learn how insurance spreads risk, provides certainty of payment, offers protection, and promotes economic progress.
Treaty Reinsurance: Types Explained with Examples
Discover the different types of treaty reinsurance, including Quota Share, Surplus, Excess of Loss, Excess of Loss Ratio, and Pools.
7 Key Methods to Spread Risk
Discover effective methods to spread risks in business and personal life. Learn about risk avoidance, prevention, assumption, distribution, and more.
Utmost Good Faith in Insurance Contracts
Discover the importance of Utmost Good Faith in insurance contracts. Learn about disclosure obligations and ensure fair insurance relationships.
Cargo Insurance: Definition, Importance, Types, Procedure
Protect Your Freight with Comprehensive Cargo Insurance. Learn about Types, Benefits & Importance. Secure Your Shipment Today!
Insurance: Definitions, Features
Discover the essence of insurance: a cooperative tool to mitigate financial risks, providing protection and peace of mind against uncertainties.
![Liability in Marine Insurance: Definition, Types [Explained]](https://i0.wp.com/www.iedunote.com/img/1079/liability-in-marine-insurance.jpg?resize=320%2C180&quality=100&ssl=1 "liability in marine insurance")
Liability in Marine Insurance: Definition, Types [Explained]
Understand Liability in Marine Insurance: Definition, Types, and Coverage. Explore collision, non-compliance, and third-party liability in-depth.
Rate Making in Marine Insurance
Master the Art of Rate Making in Marine Insurance: Explore Factors Influencing Premium Calculation for Hull and Cargo Coverage. Learn More Now!
Marine Hull Insurance: Types, Coverage, Underwriting
Explore marine hull insurance, its types (cargo vessels, bulk carriers, tankers, passenger vessels), coverage, and underwriting process.
Holder in Due Course
Discover the concept of Holder in Due Course: It describs a person who receives a negotiable instrument in good faith, without prior claims or defects.
16 Types of Fire Insurance Policies
Explore the types of fire insurance policies for businesses. From valued policies to specialized options, find the right protection for your assets.
Proximate Cause In Insurance: Key to Coverage & Claims
Discover the principle of proximate cause in insurance, its role in determining coverage for losses, and its importance in identifying the immediate cause.
Types of Insurance: Comprehensive Guide to Insurance Types
Discover the wide range of insurance types. Explore types such as life, property, marine, fire, liability, and more.
Life Insurance Assignment and Nomination
Discover the significance of life insurance assignment and nomination. Learn how policies can be assigned freely and who receives the money in case of death.
National Insurance: Definition, Characteristics, Process
Discover the characteristics and functions of National Insurance. Learn about contribution rates, cover provided, and the financial security it offers.
Insurance Hazards: Physical and Moral Hazards Explained
Learn about insurance hazards, including physical and moral hazards, with examples. Protect your business and make informed insurance decisions.
4 Difference between Insurance and Assurance
Understand the Difference Between Insurance and Assurance: Explore the various perspectives on these terms and their usage in theory and practice.
Insurance Representations & Warranties
Insurance Representations & Warranties: Unveiling the Key Differences and Implications. Master the art of insurance contracts.
Pure Risk – 3 Types of Pure Risks
Discover the essence of pure risks - where profit is absent. Explore personal, property, and liability risks. Prepare for loss, break-even, or no gain.
Fire Insurance: Definition, Functions, Importance
Discover the definition, functions, and importance of fire insurance in protecting against financial loss caused by fire and other perils.
History of Insurance: Evolution of Insurance Industry
Uncover the rich history of the insurance industry, from ancient origins to modern practices. Explore marine, fire, life, and accident insurance.
Valuation By Services In Marine Loss
Explore valuation by services in marine loss, warranty provisions, franchise limits, and the difference between general and particular average.
Reinsurance: Definition, Types, Importance, Examples
Discover the meaning and significance of reinsurance, its types, and real-world examples. Learn why reinsurance matters and how it helps manage risks.
7 Elements of Insurable Risk
Uncover the 7 elements of insurable risk for comprehensive insurance protection. Learn how insurance providers measure risk levels and determine premiums.
How Facultative Reinsurance Works [Explained with Example]
Explore facultative reinsurance, its process, benefits, and considerations. Learn with an illustrative example. Make informed insurance decisions.
Self Insurance: 4 Benefits of Self Insurance
Unlock the advantages of self-insurance: cost savings, better risk assessment, and reduced disputes. Retain control over risks and strengthen financial resilience.
Documents Required for Marine Insurance
Discover the essential documents for marine insurance, including open covers and marine policies. Navigate the complexities of underwriting with confidence.
![Types of Insurance Organizations [A Comprehensive Guide]](https://i0.wp.com/www.iedunote.com/img/259/types-insurance-organization-e1529504882393.png?resize=320%2C180&quality=100&ssl=1 "types insurance organization e1529504882393")
Types of Insurance Organizations [A Comprehensive Guide]
Discover the 8 types of insurance organizations, from self-insurance to state insurance. Understand their structures and functions in managing risk.
Notice of Abandonment in Marine & Trade Insurance
Learn how to claim a constructive total loss through a notice of abandonment. Understand the process and implications for partial losses.
Risk and Insurance: Definition, Types
Master the concept of risk and insurance. Explore definitions, types, and the impact of fortuitous events on assets.
Life Insurance Surrender Value
Discover the concept of surrender value in life insurance policies. Learn how surrendering your policy works and the factors that affect the cash value.
Insurance Proposal Form: Example, Format, Importance, Purpose, Elements
Discover the Power of Insurance Proposal Forms: Learn How to Provide Essential Details for Comprehensive Protection.
How Principle of Contribution Works in Insurance
Discover the Principle of Contribution in insurance, where multiple policies share coverage for the same loss. Learn how it affects claims settlement.
Insurance Contract: Elements and Clauses Insurance Contract
Master the essentials of insurance contracts, including elements and clauses. Gain valuable insights and make informed decisions. Explore now!
Types of Marine Losses: Total & Partial Loss Explained!
Explore the various types of marine losses, from total to partial. Learn about actual and constructive total losses, average losses, and more.
Marine Insurance: Meaning, Types of Policies, Elements
Unlocking the World of Marine Insurance: Explore the Meaning, Types of Policies, and Key Elements for Comprehensive Coverage. Learn More Now!
Annuity: Definition, Types, Differences from Life Insurance
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.
How & Why Insurance Is Not Gambling?
Discover the disparities between insurance and gambling. Explore risk protection versus uncertain outcomes. Gain insights into the differences now!
Life Insurance Bonus: Definition, Features, Types
Know life insurance bonus: definition, features, types. and discover how participating and non-participating policies work and their impact on policyholders.
Industrial Life Insurance: Evolution, Characteristics, Implications
Explore industrial life insurance's evolution, significance, and unique characteristics for practical implications.