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insurance (principals of insurance (insurable interest (must have interest…
insurance
principals of insurance
insurable interest
must have interest in what your insuring
insure my house and not my neighbors house
idemnity
people can't make a profit from insurance
my glasses are worth £50 then I would get £50
utmost good faith
honest truth when filling in proposal form
eg my age is 13
subrogation
the insurance company salvaging the car and suing
my Dad drives into the ditch the insurance company would sue my Dad
contribution
two companies each will pay half
my house is worth 100 thousand and I insure 50 thousand with Axa 50 thousand with Aviva
types of insurance
reinsurance
home insurance
life insurance
car insurance
personal insurance
income protection insurance
repayment insurance
loan repayment inurance
insurance company
Axa
Aig
aviva
alliance
proposal form so they about you and the item you want you to insure
the premium
the price to insure the item
insurance document
the details that have been agreed.these include the insurance policy and certificate of insurance
