Indian insurance companies play following roles in Economic development of our country. 1. Saving and Insurance Saving involves refraining from present consumption. The investment can take place only
5 Differences between marine insurance and fire insurance Although marine and fire insurance are basically contracts of indemnity and are issued for a short period, say one year
Rights of Insurer in a Fire Insurance Policy The following are the rights of an insurer in a fire insurance policy. Right to avoid the contract. Right of