Insurance Law - 5. page

Definition of Robbery : Section 390 of the Indian Penal Code laid down, “If in order to the commission of or in committing of the theft or in carrying away property obtained […]

Definition of Theft : Indian Penal Code in Section 378 defines theft as follows: “whoever intending to take is honestly any movable property out of the possession of any person without the […]

Definition of House-breaking : The word in practice is equal to ‘Burglary’. Section 445 of the Indian Penal Code has laid down a definition of the term. A person is said to […]

CROP INSURANCE AND WEATHER BASED CROP INSURANCE : Crop insurance is a means of protecting the agriculturist against financial losses due to uncertainties that may arise from crop failures/losses arising from […]

MICRO INSURANCE : Micro insurance is the protection of low -income people against specific perils in exchange for regular premium payments proportionate to the likelihood and cost of the risk involved. […]

Burglary Insurance : Burglary Insurance is one of the major classes of business underwritten in the miscellaneous department and accounts for a sizeable portion of the department’s premium income. For the […]

Definition of Burglary : The criminal law of the country does not speak of an offence called burglary. Hence it becomes necessary for the insurers to lay down in the policy […]

Events covered under Personal Accident Insurance : Personal Accident insurance covers but not limited to an accident may include events like: • Rail/Road/Air Accident. • Injury due to any collision/fall. […]

TRAVEL INSURANCE : Travel insurance coverage is usually limited to the period of your travel. However, some insurance companies may offer various combinations of protection to cater to the specific needs […]

AGRICULTURE AND RURAL INSURANCE : India’s heart beats in the rural segment where more than half of our population lives and toils to enrich our country. Agriculture and rural insurance schemes […]