I’m writing this blog so that people avoid buying the wrong health insurance. The Insurance market in India is a booming market worth billions of dollars and is projected to grow at least 50-60x from what it is today. This aggressive expansion is possible because it has an untapped market. A lot of people in […]
5 Things To Know Before You Buy a Health Insurance Read More »
In this article, we will discuss what’s insurable interest and matters incidental thereto. The most significant principle when it comes to the enforceability of insurance contracts is the principle of insurable interest. It is the interest in the subject matter of the insurance. This concept was developed later to distinguish insurance contracts from wagering contracts
The doctrine of Insurable Interest: Meaning and Case laws Read More »
In this article we will discuss the meaning and differences between Assurance and Insurance and matters incidental thereto. There are basically three Latin Words ‘Assure’, ‘Ensure’ and ‘Insure’. Latin root secures (se without, curus care), i.e., without care. The term ‘assure’ denotes to promise or say with confidence. For example: I assure you of my
In this article we will discuss the history of Insurance in India but before that we will first learn about the concept of Insurance. What is the concept of Insurance? Life is full of risk. Whether one is inside the house or outside, whether going on foot or travelling on bicycle, car, bus, train or