I
nsurance
P
lanning
Chapters
Legal Principles in Insurance
Principles of Insurance
Examples of Material Facts
Essentials of Insurable Interest
Insurable Interest may arise in number of ways
Facts not to be disclossed
Examples of Insurable Interest
Time when Insurable Interest should be present?
Corollaries to Indemnity
Summary
The Insurance Contract
Requirements of an Insurance Contract
Distinct Legal Characteristics of an Insurance Contract
Basic Parts of an Insurance Contract
Meaning of Insured
Riders
Endorsement
Deductibles
Types of deductibles
Purpose of Deductibles
Types of Excess
Co-Insurance
Nature of Co-Insurance
Purpose of Co-Insurance
Problems of Co-Insurance
Primary and Excess Insurance
Summary
Legal Liability
Meaning of Legal Liability
Classifiation of Legal Liability
What is Tort ?
Tort is different from ‘crime’
Categories of Torts
Intentional Torts
Intentional Torts Include
Absolute Liability
Examples of Absolute Liability
Situations of Absolute Liability
Law of Negligence
Special Tort Liability Problems
Civil Justice System of India
Judiciary
Jurisdiction of the Supreme Court
Appeals
High Courts
Lok Adalats
Summary
Identification of life, medical, householders, auto, property & liability risk exposures
Gathering Data on Current Insurances
Need Analysis Form
Identifying Clients Insurance Needs
Life Insurance Needs
Analysis of Current Insurances
Example
Present Financial Situation
Classification of Assets into Liquid and Non Liquid
Capital Fund Needed
Motor Insurance
Housholder's Insurance Policy
Housholder's Insurance Policy
Summary
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