In this video, we dive deep into the Principles of Insurance, explaining each principle in a clear and concise manner. Whether you're a student, a professional, or just someone curious about how insurance works, this video is tailored for you!
What You’ll Learn:
Utmost Good Faith (Uberrimae Fidei): Understand the importance of honesty and transparency between the insurer and the insured.
Insurable Interest: Learn why having a legitimate interest in the subject matter of insurance is crucial.
Indemnity: Explore how this principle ensures that the insured is compensated for losses without making a profit.
Contribution: Discover how this principle applies when multiple policies cover the same risk.
Subrogation: Understand how insurers can pursue recovery from third parties after compensating the insured.
Loss Minimization: Learn about the importance of reducing risks and minimizing losses.
📚 Real-life Examples: We’ll share practical scenarios and examples in Hindi to help you grasp these concepts effortlessly!
🎯 Who Should Watch?
Students studying insurance or finance
Professionals in the insurance industry
Anyone interested in understanding how insurance works
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9 окт 2024
