Insurance slide

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Insurance slide

  1. 1. Presentation topics: Law of ContractCourse title: Principle Of InsuranceCourse Code: FIN 201
  2. 2. Law of Contract &Contract Defined
  3. 3. Types Of Contract1.Simple contract2.Specialty Contract3.Contract of Record
  4. 4. Essential Elements Of Simple Contract1.Unrevoked offer2.Unqualified Acceptance3.Consideration4.Consencus ad idem5.Capacity of contract6.Legality of objects
  5. 5. Specialty contractContract Of record
  6. 6. Contract Of InsuranceSubject matter Of insurance & insuranceContract
  7. 7. Difference Between Insurance & wagering1.legality2.Faith3.Events Take place4.Insurable Interest5.Indemnity6.Assume loss7.Desire of parties
  8. 8. Assignment1.Assignment of Policy Proceeds only2.Assignment Of Policy
  9. 9. Fire & Accidental Insurance Marine Insurance Life Insurance
  10. 10. THANKS TO ALL

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