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Insurance Laws and Practices

Notes Answers: Self Assessment

1. Physical asset 2. Good faith
3. Insurer 4. Limited
5. Capacity 6. Uberrima fides

7. Property 8. Renewal
9. Unvalued 10. Average clause
11. Writing 12. Government
13. Indemnity 14. Disclosure

10.9 Further Readings

Books Gulati, Neelam. C. (2011), Banking and Insurance, Excel Books.

Gulati, Neelam. C. (2013), Principles of Risk Management and Insurance, Excel Books.
Krishnaswamy, G. (2009), Principles and Practice of Life Insurance, Excel Books.
Misra, M.N. and Mishra, S.B. (2009), Insurance Principles and Practices, S. Chand
Publication.
Sahoo and Das (2009), Insurance Management: Text and Case, Himalaya Publication.

Online links http://www.publishyourarticles.net/knowledge-hub/law/what-are-the-8-
different-kinds-of-fire-policies.html
http://nilum.hubpages.com/hub/TYPES-OF-FIRE-INSURANCE-POLICIES
http://business.gov.in/manage_business/fire_insurance.php

http://www.nos.org/media/documents/VocInsServices/m4-1f.pdf

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