Law of insurance
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The document discusses various types of insurance contracts in India including life, fire, and marine insurance. It outlines key elements such as insurable interest, indemnity, disclosure requirements, and types of policies for each. For life insurance, it describes who can have an insurable interest and different types of life policies. For fire insurance, it discusses the average clause, insurable interest, and types of fire policies. For marine insurance, it discusses insurable interest, maritime perils, and types of marine policies.
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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