PPT DEFINITION OF INSURANCE PowerPoint Presentation

PPT  DEFINITION OF I

19032019 awarding written version DEFINITION OF INSURANCE Insurance is a means to spread the loss caused by particulars risk over a number of people against some amount called premium Insurance creates a fund under which many persons contribute a certain some of money called the premium and out of which the persons who suffer losses are

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Ppt insurance 1 INSURANCE ACT 2 The Insurance Act of 1938 was the first legislation governing all forms of insurance to provide strict state control over insurance business Purpose to safe guard the interest of insured setting the norms for carrying out the business of insurance smoothly Minimizing disputes 3
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Hasil webDEFINITION OF INSURANCE SlideServehttpswwwslideservecom 19 Mar 2019 The consideration which the insured has to pay to the insurer for the protection given to him is called premium The amount for which a
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