Car insurance in France is compulsory. This is to the extent that one must insure his/her cars in France to at least third party liability insurance policy. This is notwithstanding that such cars may not be in use except where all the four wheels are removed. Hence, the failure to insure one’s car in France…
Mortgage insurance is one of the insurance policies that people shy away from. For most people, it is not as if they unaware of the benefits of mortgage insurance, but because of its financial implication on their finances as some are not willing to commit extra financial output. However, notwithstanding whatever the financial implication of…
Introduction Liability insurance for contractors is one of the major classes of insurance. This is because of the enormous risks of the business of contractors. Although, the contractor business can be profitable, it is however with limitless risks. These risks emanate from the start of a project to its eventual execution. These risks can even…
Unlike other climes, car insurance in Belgium is for the benefit of the car rather than the driver. The implication of this is that anyone can drive your car once you have a car insurance policy. However, third party car insurance policy which provides coverage for damage to third parties and their cars is mandatory…
MEANING OF CAR INSURANCE Car Insurance is a class of Insurance Policy between an Insurance Company and an Insurer wherein the former undertakes to protect the Later against financial loss in the event of an accident, or theft of his car. it can be universal car insurance or specific. In consideration of payment of premiums…
INTRODUCTION Most often, we make investments of all our life savings in acquiring properties. These properties may be buildings, cars, office equipment, appliances, machineries, and so on. it is the need to safeguard these properties that has given rise to property insurance. However, most times, we see all these properties go down the drain as…
MEANING OF PUBLIC LIABILITY INSURANCE Public liability insurance is a class of insurance policy that covers and affords protection against damages and injuries done to third parties and/or their businesses. These damages include deaths, personal injuries and loss or damage to property. These damages may include costs of legal actions incurred by third parties in…