Corporate Governance in Insurance Companies : IRDA’s Corporate Governance guidelines are applicable to Insurance companies in addition to the applicable provisions of the Companies Act, 1956.
Insurance Law - 4. page
Fidelity Insurance
Fidelity Insurance : Fidelity insurance protects organizations from loss of money, securities, or inventory resulting from crime. Common Fidelity claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer […]
INTRODUCTION ON ETHICS AND CORPORATE GOVERNANCE FRAMEWORK FOR INSURANCE COMPANIES
INTRODUCTION ON ETHICS AND CORPORATE GOVERNANCE FRAMEWORK FOR INSURANCE COMPANIES : Ethics, also known as moral philosophy, is a branch of philosophy that involves systematising, defending and recommending concepts of right and wrong conduct. […]
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE : Corporate Governance may be defined as a set of systems, processes and principles which ensure that a company is governed in the best interest of all stakeholders. It […]
Business Premises Insurance Policies
Business Premises Insurance Policies : Policies issued to business premises cover stock-in-trade, goods in trust or on commission, fixtures and fittings, tools of trade such as typewriters, calculators and other similar […]
Cash-in-Safe Insurance
Cash-in-Safe Insurance : The cover includes only when the cash is secured in a safe and is granted only if the safe is burglar proof and is of an approved make […]
All Risks (Jewellery and Valuables) Insurance
All Risks (Jewellery and Valuables) Insurance : Policies under this form of insurance cover risks in respect of jewellery, plate, watches, personal ornaments and other valuables. Loss or damage by any […]
Definition of Coverage
Definition of Coverage : Business premises are generally covered against burglary and house breaking only. Mere theft without the use of force and violence is not covered, robbery and dacoits being aggravated […]
Definition of Money in Transit
Definition of Money in Transit : Policies, as a matter of rule, cover robbery, hold-up and dacoits in addition to burglary, housebreaking and theft.
Definition of Dacoits
Definition of Dacoits : Section 391 of the Indian Penal Code states dacoits as “where five or more persons conjointly commit or attempt to commit a robbery or are present and […]