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Why Life insurance contract is not a contract of indemnity?
is fire insurance or medi claim (health ins) or motor insurance or life insurance which of them is a contract of indemnity
Why is an insurance contract needed?
An insurance contract is needed to specify the exact terms of the insurance.
How far contract of insurance are contract of indemnity?
all types of insurance is not a contract of indemnity because life insurance cannot b measured in terms of money , that is why it is not a contract of indemnity
Can your car get repossessed for not having the right insurance?
If insurance is required by your contract then the 'wrong' insurance might be a contract violation allowing repossession. You have to read your contract.
What is ppga stand for in hockey score board?
Power Play Goals Against
Who are the parties that enter a auto insurance policy contract?
The Insurer and the Insured are parties to an insurance contract.
Who is the principal in a life insurance contract?
The Insured of the policy is obviously the Principal in a life insurance contract.
What are the essential elements of a contract of insurance?
there are four elements of insurance contract... offer,acceptance,consideration...
What does ppga mean in basketball?
I think it might mean Points Per Game Average
What type of contract do you need to get money for your damaged property?
Insurance contract with an insurance company Indemnity bond
Why is important to have utmost good faith in insurance contract unlike other commercial contract?
as it differentiate insurance contract from other commercial contract so it is important.A contract of insurance is a contract of Utmost good faith technically known as uberrima fides. The doctrine of disclosing all material facts id embodied in this important principle which applied to all forms of insurance.
Is A property or liability insurance policy a business or liability contract?
A property is not a contract or a business. A liability insurance policy is a kind of contract but not a business. the answer is b...
