1-10 of 57 Hubssort by Hot Best Latest
82Difference between life, fire & Marine Insurance
Life assurance differs from the fire and marine insurance in the following respects: Distinction point between, Life assurance, Fire Insurance & Marine Insurance respectively !!! 1. Nature of contract ...
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82TYPES OF FIRE INSURANCE POLICIES
The principal types of fire insurance policies are given. below: 1. Valued policy When the agreed value of the subject matter is mentioned in the policy is named as valued policy. This value may not necessarily be the actual value of...
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79Importance of Insurance
ADVANTAGES OF INSURANCE 1. Removal of uncertainties Insurance company takes the risks of large but uncertain losses in exchange for small premium. So it gives a sense of security, which is real gift to the business man. If all...
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81Process of Buying Selling Shares
PROCEDURE OF BUYING AND SELLING OF SHARES There are following three steps of buying and selling of shares in the stock exchange: 1. Inquiry about the prices. 2. Preparation of contract note. ...
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78FACTORS WHICH INFLUENCE THE PRICES OF SHARES
The factors which influence the prices of stock exchange are as follows: 1. Demand and Supply The forces of demand and supply determine the prices of securities. If a particular security is available in abundant supply, it will sell at...
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75Fire Insurance Coverage
FIRE INSURANCE Fire insurance is a contract by which the insurance company agrees on payment of premium to indemnify the insured, up to an agreed amount, against financial loss bye fire which may arise...
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76Marine Insurances
MARINE INSURANCE Marine Insurance is the oldest known type of insurance. It is a contract of indemnity in which the under write agrees to compensate the insured against specified perils in consideration of certain premium. Some writers define...
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74Islamic Culture & Democracy
slam is great religion and it has revolutionized every aspect of human life. Culture means the cultivation and development of human mind. Islamic Culture differs from other cultures because the aim of other cultures is to cultivate the mind...
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72TYPE OF MARINE INSURANCE POLICIES
The major types of marine insurance policies are 1. Time policy A time policy is taken for definite period of time, usually not exceeding 12 months say from January 1, 1981 to December 31, 1981. This policy is most suitable for hull...
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75Principles of Insurance
INSURANCE Human life is exposed to many risks, which may result in heavy financial losses. Insurance is one of the devices by which risks may be reduced or eliminated in exchange for premium. In words of Chief Justice Tindal, “Insurance is a...
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