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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]

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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
  • 2.
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  • 4.
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  • 10.