Summary |
The coverage of the book concludes the basic concepts of holding risks and uncertainties in life and property. It explains the different plans and policies laid down by insurance companies. These plans and policies are divided into three section A, B and C in the book.
Section A specifically describes the role, significance and principles of insurance.
Section B discusses in detail the different conditions and privileges attached to different insurance policies, calculation of premiums, and administrative set-up of Life Insurance Corporation of India.
Section C entirely deals with Fire Insurance, Marine Insurance and the methods of calculation of premium, settlement of claim, etc related to the respective categories of insurance policies.
|
