SlideShare una empresa de Scribd logo
1 de 10
LAW OF INSURANCE CONTRACT OF INSURANCE Insurer & Insured Premium Policy Subject matter of insurance &insurable interest Perils insured against Various kinds of insurance—Life, Fire, marine, personal accident Nature of contract of insurance
Fundamental elements of Insurance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
LIFE INSURANCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Insurable Interest ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
TYPES OF POLICIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
FIRE INSURANCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
AVERAGE CLAUSE IN A FIRE POLICY---such proportion of actual loss as the sum insured bears to the total value of the property ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Fire Policy ,[object Object],[object Object],[object Object],[object Object],[object Object]
MARINE INSURANCE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Marine Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Más contenido relacionado

La actualidad más candente

Contract of guarantee-business law
Contract of guarantee-business lawContract of guarantee-business law
Contract of guarantee-business lawshrinivas kulkarni
 
Prospectus and liability for the misstatement in the prospectus.
Prospectus and liability for the misstatement in the prospectus.Prospectus and liability for the misstatement in the prospectus.
Prospectus and liability for the misstatement in the prospectus.DimpleJangra3
 
Sale of goods act, 1930(conditions and warranties )
Sale of goods act, 1930(conditions and warranties )Sale of goods act, 1930(conditions and warranties )
Sale of goods act, 1930(conditions and warranties )Gurparvesh kaur
 
Introduction and history of insurance in India
Introduction and history of insurance in IndiaIntroduction and history of insurance in India
Introduction and history of insurance in IndiaDr. Rahul Chhoker
 
Contract of indemnity
Contract of indemnityContract of indemnity
Contract of indemnityBabasab Patil
 
Insurance contracts
Insurance contractsInsurance contracts
Insurance contractsPrem Lata
 
Chapter 1[definition and nature of insurance]
Chapter 1[definition and nature of insurance]Chapter 1[definition and nature of insurance]
Chapter 1[definition and nature of insurance]aaykhan
 
Classification of risks and Insurance
Classification of risks and InsuranceClassification of risks and Insurance
Classification of risks and InsuranceSony Parackal
 
Indemnity and guarantee
Indemnity and guaranteeIndemnity and guarantee
Indemnity and guaranteeShivani Sharma
 
Unit 3 insurance intro sem-1
Unit 3 insurance intro sem-1Unit 3 insurance intro sem-1
Unit 3 insurance intro sem-1Dr Isha Jaiswal
 
Insurance regulatory and development authority of india ppt
Insurance regulatory and development authority of india pptInsurance regulatory and development authority of india ppt
Insurance regulatory and development authority of india pptPRASOON VERMA
 

La actualidad más candente (20)

Contract of guarantee-business law
Contract of guarantee-business lawContract of guarantee-business law
Contract of guarantee-business law
 
Fire insurance
Fire insuranceFire insurance
Fire insurance
 
Insurance act 1938
Insurance act 1938Insurance act 1938
Insurance act 1938
 
Prospectus and liability for the misstatement in the prospectus.
Prospectus and liability for the misstatement in the prospectus.Prospectus and liability for the misstatement in the prospectus.
Prospectus and liability for the misstatement in the prospectus.
 
Sale of goods act, 1930(conditions and warranties )
Sale of goods act, 1930(conditions and warranties )Sale of goods act, 1930(conditions and warranties )
Sale of goods act, 1930(conditions and warranties )
 
Introduction and history of insurance in India
Introduction and history of insurance in IndiaIntroduction and history of insurance in India
Introduction and history of insurance in India
 
Guarantee
GuaranteeGuarantee
Guarantee
 
Contract of indemnity
Contract of indemnityContract of indemnity
Contract of indemnity
 
Insurance contracts
Insurance contractsInsurance contracts
Insurance contracts
 
History of insurance
History of insuranceHistory of insurance
History of insurance
 
Chapter 1[definition and nature of insurance]
Chapter 1[definition and nature of insurance]Chapter 1[definition and nature of insurance]
Chapter 1[definition and nature of insurance]
 
Classification of risks and Insurance
Classification of risks and InsuranceClassification of risks and Insurance
Classification of risks and Insurance
 
Marine insurance
Marine insuranceMarine insurance
Marine insurance
 
Directors
DirectorsDirectors
Directors
 
Indemnity and guarantee
Indemnity and guaranteeIndemnity and guarantee
Indemnity and guarantee
 
Unit 3 insurance intro sem-1
Unit 3 insurance intro sem-1Unit 3 insurance intro sem-1
Unit 3 insurance intro sem-1
 
Insurance regulatory and development authority of india ppt
Insurance regulatory and development authority of india pptInsurance regulatory and development authority of india ppt
Insurance regulatory and development authority of india ppt
 
Principles
PrinciplesPrinciples
Principles
 
General insurance
General insurance General insurance
General insurance
 
Underwriting in Insurance
Underwriting in InsuranceUnderwriting in Insurance
Underwriting in Insurance
 

Similar a Law of insurance

2010 11 pgp1-lab_written report_section_b_group 14_26-11-2010
2010 11 pgp1-lab_written report_section_b_group 14_26-11-20102010 11 pgp1-lab_written report_section_b_group 14_26-11-2010
2010 11 pgp1-lab_written report_section_b_group 14_26-11-2010Anirban Chakraborty
 
Types of insurance
Types of insuranceTypes of insurance
Types of insuranceNeetu Marwah
 
Chptr5 principlesofinsurance-130405110609-phpapp01
Chptr5 principlesofinsurance-130405110609-phpapp01Chptr5 principlesofinsurance-130405110609-phpapp01
Chptr5 principlesofinsurance-130405110609-phpapp01Prof. Devrshi Upadhayay
 
BUS 116 Chap019 insurance
BUS 116 Chap019 insuranceBUS 116 Chap019 insurance
BUS 116 Chap019 insuranceneogenesis6
 
principles of insurance
principles of insuranceprinciples of insurance
principles of insuranceQue Tomeyz
 
Lecture slide chapter 2 insurance and risk management
Lecture slide chapter 2 insurance and risk managementLecture slide chapter 2 insurance and risk management
Lecture slide chapter 2 insurance and risk managementDashing Shithil
 
Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)
Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)
Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)Megha Madhusudhanan
 
Chapter_8_Insurance_EDITED.ppt
Chapter_8_Insurance_EDITED.pptChapter_8_Insurance_EDITED.ppt
Chapter_8_Insurance_EDITED.pptNeoRamalivhana
 
Cover notes policy drafting
Cover notes policy draftingCover notes policy drafting
Cover notes policy draftingDominic Ho
 
Foundation of insurance law is a contingent contract
Foundation of insurance law is a contingent contractFoundation of insurance law is a contingent contract
Foundation of insurance law is a contingent contractAbir Hossain Talukder
 
General insurance
General insuranceGeneral insurance
General insuranceAvish Shah
 

Similar a Law of insurance (20)

2010 11 pgp1-lab_written report_section_b_group 14_26-11-2010
2010 11 pgp1-lab_written report_section_b_group 14_26-11-20102010 11 pgp1-lab_written report_section_b_group 14_26-11-2010
2010 11 pgp1-lab_written report_section_b_group 14_26-11-2010
 
Types of insurance
Types of insuranceTypes of insurance
Types of insurance
 
Presentation 1
Presentation 1Presentation 1
Presentation 1
 
Chptr5 principlesofinsurance-130405110609-phpapp01
Chptr5 principlesofinsurance-130405110609-phpapp01Chptr5 principlesofinsurance-130405110609-phpapp01
Chptr5 principlesofinsurance-130405110609-phpapp01
 
Principles of insurance
Principles of insurancePrinciples of insurance
Principles of insurance
 
Insurance act for class
Insurance act   for classInsurance act   for class
Insurance act for class
 
Insurance
InsuranceInsurance
Insurance
 
Insurance business
Insurance businessInsurance business
Insurance business
 
BUS 116 Chap019 insurance
BUS 116 Chap019 insuranceBUS 116 Chap019 insurance
BUS 116 Chap019 insurance
 
principles of insurance
principles of insuranceprinciples of insurance
principles of insurance
 
Insurance
Insurance Insurance
Insurance
 
Lecture slide chapter 2 insurance and risk management
Lecture slide chapter 2 insurance and risk managementLecture slide chapter 2 insurance and risk management
Lecture slide chapter 2 insurance and risk management
 
Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)
Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)
Chapter10. INSURANCE SERVICES( NIOS X -BUSINESS STUDIES)
 
Chapter_8_Insurance_EDITED.ppt
Chapter_8_Insurance_EDITED.pptChapter_8_Insurance_EDITED.ppt
Chapter_8_Insurance_EDITED.ppt
 
Cover notes policy drafting
Cover notes policy draftingCover notes policy drafting
Cover notes policy drafting
 
Foundation of insurance law is a contingent contract
Foundation of insurance law is a contingent contractFoundation of insurance law is a contingent contract
Foundation of insurance law is a contingent contract
 
Marine insurance
Marine insuranceMarine insurance
Marine insurance
 
Fire insurance ppt
Fire insurance pptFire insurance ppt
Fire insurance ppt
 
General insurance
General insuranceGeneral insurance
General insurance
 
Insurance act(Previous year question)
Insurance act(Previous year question)Insurance act(Previous year question)
Insurance act(Previous year question)
 

Último

fca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdffca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdfHenry Tapper
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarHarsh Kumar
 
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一S SDS
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...Amil baba
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfHenry Tapper
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...Amil baba
 
Ch 4 investment Intermediate financial Accounting
Ch 4 investment Intermediate financial AccountingCh 4 investment Intermediate financial Accounting
Ch 4 investment Intermediate financial AccountingAbdi118682
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...yordanosyohannes2
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Sonam Pathan
 
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Sonam Pathan
 
Bladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...Henry Tapper
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Sapana Sha
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
Governor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintGovernor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintSuomen Pankki
 
Current Economic situation of Pakistan .pptx
Current Economic situation of Pakistan .pptxCurrent Economic situation of Pakistan .pptx
Current Economic situation of Pakistan .pptxuzma244191
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companiesprashantbhati354
 

Último (20)

fca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdffca-bsps-decision-letter-redacted (1).pdf
fca-bsps-decision-letter-redacted (1).pdf
 
The Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh KumarThe Triple Threat | Article on Global Resession | Harsh Kumar
The Triple Threat | Article on Global Resession | Harsh Kumar
 
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
(办理学位证)加拿大萨省大学毕业证成绩单原版一比一
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
 
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
 
Ch 4 investment Intermediate financial Accounting
Ch 4 investment Intermediate financial AccountingCh 4 investment Intermediate financial Accounting
Ch 4 investment Intermediate financial Accounting
 
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
AfRESFullPaper22018EmpiricalPerformanceofRealEstateInvestmentTrustsandShareho...
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713
 
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
Call Girls Near Golden Tulip Essential Hotel, New Delhi 9873777170
 
Bladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results PresentationBladex 1Q24 Earning Results Presentation
Bladex 1Q24 Earning Results Presentation
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
 
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111Call Girls In Yusuf Sarai Women Seeking Men 9654467111
Call Girls In Yusuf Sarai Women Seeking Men 9654467111
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
Governor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraintGovernor Olli Rehn: Dialling back monetary restraint
Governor Olli Rehn: Dialling back monetary restraint
 
Current Economic situation of Pakistan .pptx
Current Economic situation of Pakistan .pptxCurrent Economic situation of Pakistan .pptx
Current Economic situation of Pakistan .pptx
 
Quantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector CompaniesQuantitative Analysis of Retail Sector Companies
Quantitative Analysis of Retail Sector Companies
 

Law of insurance

  • 1. LAW OF INSURANCE CONTRACT OF INSURANCE Insurer & Insured Premium Policy Subject matter of insurance &insurable interest Perils insured against Various kinds of insurance—Life, Fire, marine, personal accident Nature of contract of insurance
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.