• Retrospective rate insurance

  • Retrospective rate insurance is about commercial account which will be applied for the purpose of calculation of business insurance. In this method premiums are calculated with a formula basing on which commercial loss is... 

  • Policy Holder

  • Policy holder is a person who has insured life with an insurance policy or for any education plan insurance, family benefit fund insurance or retirement benefit fund insurance. There are many things considered by the policy... 

  • Medical insurance

  • Medical insurance is the most important aspect for every one. Parents, children and elders all are included in medical insurance. There are lot of  benefits from medical insurance. Medical insurance includes payment of medical... 

  • Liability insurance

  • Health insurance promotes and aims at providing health benefits to the employees, individuals, elders and children. This is an excellent method to safeguard and protect the lives of all age groups. An overall view about health... 

  • Insurance patents

  • Insurance patents are the most important because they carry lot of new invention in insurance industry. Only Governments and head of nations can invent insurance patents and these are introduced after lot of paper work and... 

  • Insurance Law

  • Insurance law carries lot of significance and importance. It is a very vast code of law which carries several sections, provisions, clauses and sub-clauses. Referring each section and clause requires lot of knowledge and... 

  • Insurance insulates too much

  • Insurance being a very important industry as compared to any other industry, it takes care of every small and medium enterprise apart from public. Insurance benefits to consumers are many and the scope of insurance industry... 

  • Health insurance

  • Health insurance promotes and aims at providing health benefits to the employees, individuals, elders and children. This is an excellent method to safeguard and protect the lives of all age groups. that takes care of people... 

  • Expatriate Insurance

  • Expatriate insurance is about those foreign nationals who are staying outside the country with a passport. This is a very huge subject and it requires an in-depth study about the health care of expatriates. This is a very... 

  • Dental Insurance

  • When we visit a dentist, we need to pay lot of money to the dentist for dental checkup. It may be a minor problem or a major problem. But the moment dentist uses his tools, we need to pay a good amount of fees to him. But... 

  • Collateral protection insurance

  • Collateral protection insurance is about vehicle insurance which will be protected by insurance company. This is a deal between a borrower and a lender. Borrower purchases the vehicle with the amount given by lending institution... 

  • Closed community self insurance

  • Closed community self insurance is all about the small communities living together in foreign countries. These communities which belong to one sect of group would like to solve all the problems by collecting funds for self-insurance... 

  • Appraising

  • Appraising will be used in insurance company in relation to the investigation part and how the claim can be given to the claimant. Appraisers in insurance company need not be more educated as they have to be more attentive... 

  • Disability Insurance

  • A disabled person cannot work or move freely but is restricted to certain area due to disability in movement. There are many people who look for financial security and safety in every aspect because they cannot lead a normal... 

  • Legal Expenses Insurance

  • Legal expenses for insurance can be marginal and moderate. This is due to the fact that being every thing made available as procedure, only execution of the procedure is required to be done and for this, legal expenses can... 

  • Global Insurance Industry

  • Global insurance industry is a billion dollar industry which has vast potential and opportunity for millions of people around the world to draw benefit from insurance companies. Insurance is the most important for every individual.... 

  • Title Insurance

  • Title insurance discusses about the real estate property in United States. Real estate property holds huge value and there are many valuable properties which carry immense value in terms of monetary measure. So, these properties... 

  • No Fault Insurance

  • The term no-fault insurance benefits policy holders in receiving in complete claim from the insurance company. This also reduces the premium costs of the policy holder. The practice of no-fault insurance is applied in automobile... 

  • Insurance Claims

  • Insurance is a vital part of our lives. It helps us in a number of ways and makes us secure and also get that financial stability in the long run. There are various types of insurance plans that are available in the market... 

  • Insurance Plan

  • An insurance plan is needed to make your life safe, secure and stress free. By opting for a proper insurance plan, you can also get constant returns and enjoy that financial stability in the long run. Insurance is a vital... 

  • Term Life Insurance

  • As the name itself suggests, term life insurance is so called as it offers coverage to an individual for a specified term or period say, for instance, 1, 5, 10, 15 or 20 years. In case the individual passes away during the... 

  • Car Insurance

  • Car insurance, also termed as auto insurance is an insurance which is purchased for different types of vehicles, including cars and trucks. The main objective of car insurance is to provide protection against potential loss... 

  • Life Annuity

  • If you are wishing to opt for some proper investment channel through which you can get steady income, then life annuity can be an ideal option for you. It can be the perfect option and a major part of your investment planning... 

  • Life Insurance Explained

  • By using the right type of insurance life plans, you can make your life more secure and enjoy that financial stability. According to experts, opting for a proper life insurance plan is one of the most important parts of the... 

  • Homeowner Insurance

  • Are we all familiar with the term insurance? In Economics, insurance is defined as a form of risk management which is used to protect against the risk of contingent loss. With the passage of time, different insurance companies... 

  • Universal Life Insurance

  • If you are looking to an insurance program which offers you good benefits and at the same time provides great security to you and your family members, Universal Life Insurance is perhaps the right option for you. It is a... 

  • Insurance Quotes

  • Insurance is necessary for us to maintain a descent standard of living and also get some financial stability in the long run. There are lots of insurance benefits that are available in the market that you need to choose from.... 

  • Insurance Brokers

  • Are you familiar with the term insurance broker? In simple terms, an insurance broker is a person who has specialized knowledge in finance and play a very crucial intermediary role between the insurance company and the customer.... 

  • Claim Adjusters

  • An insurance company provides coverage to loss which might be suffered by the insurer. When the actual loss takes place the insurer files a claim with the company to receive the amount promised. These claims are scrutinized... 

  • Risk Management

  • Any entity or endeavour is exposed to different types of risks, which can culminate in the loss, damage or destruction of that thing. Risk management is the process of identifying the different risks involved, assessing their... 

  • Redlining

  • Any company which provides financial products like loans, insurance, mortgage and so on, will have their own policies and techniques to find out whether it is worth to give the financial product to the person applying. This... 

  • Underwriting

  • Underwriting is a process through which an insurer, bank or an investment house, determines whether a customer is eligible for their products or not. The products could be a mortgage, loan, insurance or shares. The term underwriting... 

  • Extended Coverage

  • Having coverage means that one is insured against certain risks, as mentioned in the insurance policy. An extended coverage is the coverage provided for risks which are not originally included in the policy. This is required... 

  • Catastrophe Modelling

  • A catastrophe can be a disaster and misfortune which occurs due to natural phenomena like an earthquake, hurricane, flood, tornado, wildfire, storm or hail. The other types of catastrophes can be man-made like war, terrorism,... 

  • Calculable Loss

  • In Insurance a risk is transferred to another party, by paying a certain amount called a premium. Insurance is a form of risk management, to cover for a probable loss. An insurance policy is a contract between two parties.... 

  • Insurable Risk

  • Insurance is possible only when there is a risk of something happening to the thing insured. Also the risk should meet certain criteria which are given in the guidelines and laws governing insurance. Insurable risk is better... 

  • Intentionnal Torts

  • Tort means commiting a wrong, and Intentional Tort means intentionally commiting a wrongful act. According to law, a tortfeasor is the person doing the intentional tort, which is a civil wrong. Intentional torts does not... 

  • Insurable Interest

  • The main purpose of Insurance is to cover the risk of loss, and not trying to make a profit. Insurance provides the compensation when the loss occurs due to various reasons. This brings the question as to what one can insure?... 

  • Accidental Loss

  • When a loss occurs suddenly, without warning and totally unexpected, which is beyond ones control to prevent or stop it, is called an Accidental Loss. In the field of Insurance, Accidental Loss has separate clauses attached... 

  • Claim definition

  • A claim is a statement expressing a right over something. Claim can also be a form of asking, or seeking to obtain something, which has rightfully to come to the person making the claim. Claim can also take the form of a... 

  • Insurer’s Business Model

  • The basics of an Insurer’s Business Model is the same as any other business, in the sense that profit is calculated by adding all the different incomes and deducting all expenses and losses. In an insurance business... 

  • Principles of Insurance

  • Insurance is the business of risk coverage and compensating the affected party for their loss. There are certain principles of insurance, that form the basis of this business. The first principle of insurance is the contract... 

  • Indemnification

  • Indemnification is the process of compensating or indemnifying, when a loss occurs. The indemnity amount is paid by the indemnifying party, to the party who has suffered a loss. The person who pays may not be the one who... 

  • Types of Insurance

  • Insurance is one of the best risk management strategies that one can follow. Insurance companies will cover the risk of loss in exchange for a fee, called a premium. When the risk is taken over by an insurance company it... 

  • Insurance History

  • Insurance has existed in some form or other since the very beginning, and there is no time in history when one can say that Insurance did not exist. Even in societies where there was no form of money or other financial instruments,...