Insurance Pdf -Types Of Insurance, Scope Of Insurance,Classification – Hello Friends Welcome to Studydhaba.com. Here we are providing you A Detail Overview of Insurance, Different Types of Insurance, Classification Of Insurance and Scope of Insurance.Insurance is a very important Topic MBA, Bcom,Mcom and Other Finance Related Degrees. We also Study Insurance for Competitive Exams.All too often we hear about various types of insurance policies without really understanding what they are and more importantly, what they protect. Life InsuranceGeneral Insurance. Life insurance is an insurance coverage that pays out a certain amount of money to the insured or their specified beneficiaries upon a certain event such as death of the individual who is insured. This protection is also offered in a Family takaful plan, a Shariah-based approach to protecting you and your family. The coverage period for life insurance is usually more than a year.
Fire insurance.1.FIRE INSURANCE By: SUNIT MATHUR RO-1, NEW DELHI.OVERVIEW. No.
Expressly stated in the policy. Loss, destruction or damage to the stocks in Cold Storage premises caused by change of temperature. Loss, destruction or damage to any electrical machine, apparatus, fixture, or fitting arising from or occasioned by over-running, excessive pressure, short circuiting, arcing. Marine Insurance Practice of General Insurance 18 2.0 INTRODUCTION. Damage or loss will not be covered under the policy. 9) Claims: To get the compensation under marine insurance. Majority of countries including India. MODULE - 4 Practice of General Insurance Notes 23 Marine Insurance.
Of Sections: 8. No. Of Perils ( In built ): 12. No. Of Exclusions: 13. No. Of General Conditions: 15.
No. Of Add On Covers: 15+6. No.
Of Clauses: 11 ( A to K ).SECTIONSSECTION I: GENERAL RULES & REGULATION.SECTION II: POLICY WORDINGSECTION III: DWELLINGS, OFFICES ETC.SECTION IV: INDUSTRIAL & MANU. RISKSSECTION V: UTILITIES OUSIDE MANU. RISKSECTION VI: STORAGE OUTSIDE MANU. RISKSECTION VII: TANKS FARMS / GAS HOLDERS OUTSIDE MANU. RISKSECTION VIII: ADD ON COVERS.COVERAGES1. EXPLOSION/ IMPLOSION4.
AIRCRAFT DAMAGE5. RIOT, STRIKE & MALICIOUS DAMAGE.6. STORM, CYCLONE, TYPHOON, TEMPEST, HURRICANE, TOR NADO, FLOOD & INUNDATION,7. IMPACT DAMAGE8.
SUBSIDENCE & LANDSLIDE INCLUDING ROCK SLIDE9. BURSTING & /OR OVERFLOWING OF WATER TANKS, APPARATUS & PIPES10.
MISSILE TESTING OPERATIONS11. LEAKAGE FROM AUTOMATIC SPRINKLER INSTALLATIONS12.