2016-03-19 18:53
The Insurance Act, 1938 lays down that an insurance agent must possess a licence under section 42 of that act. The licence is to be issued by the IRDA & it will be valid for three years… Read More
Blog Directory > Finance Blogs > 123 Insurance - Simplifying Life Insurance Advisor finance Blog >
123 Insurance - Simplifying Life Insurance Advisor Blog
123insurance.blogspot.com
Tags:
insurance
risk
life insurance
insurance business
agent
insured
insurance agent
jumbo jets
amount
death
123Insurance is your guide for life Insurance advisor education. It aims to empower your interest in life Insurance through its unique and yet simple educational methodology
2016-03-19 18:53
While the maxim cited above makes the principal liable for all the acts done by the agent, he can restrict his liability by specifying the extent of authority granted to the agent. The autho… Read More
2016-03-19 18:53
An Agent is one who acts on behalf of another. The 'another' on whose behalf the agent acts, is called the principal. This is the simple definition. The lawyer is the Agent of the client, wh… Read More
2006-02-22 15:12
Life Insurance has no competition from any other business. Many people think that life Insurance is an investment or a means of saving. This is not a correct view. when a person save, the am… Read More
2006-02-03 14:34
Insurance companies are called insurers. The business of Insurance is to (a) bring together perons with common Insurance interests (sharing the same risks), (b) collect the share or contribu… Read More
2006-02-02 14:56
The concept of Insurance has been extended beyond the coverage of tangible assets. Exporters run the risk of losses if the importers in the other country default in payments or in collecting… Read More
2006-02-02 04:02
The mechanism of Insurance is very simple. People who are exposed to the same risks come together and agree that, if any one of them suffers a loss, the others will share the loss and make g… Read More
2006-02-01 17:35
Hi,Thank you very much for knocking at my blog!123 Insurance is a complete portal for life Insurance AdvisorsYou can look forward to best of the content to my blog. I learnt Life Insurance a… Read More
2006-02-01 16:24
Assets are insured, because they are likely to be destroyed, through accidental occurrences. Such possible occurrences are called perils. Fire, floods, breakdowns, lightning, earthquakes, et… Read More
2006-02-01 13:53
The business of Insurance started with marine business traders, who used togather in the Lliyd"s coffee house in London agreed to share the losses to their goods while being carried by ships… Read More
2006-02-01 13:02
The business of Insurance is related to the protection of the economics values of assets. Every asset has a value. The asset would have been created through the efforts of the owner, because… Read More
Subscribe to 123 Insurance - Simplifying Life Insurance Advisor
Get updates delivered right to your inbox!