Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Insurance Forums
Scope of Insurance
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Mataracy, post: 143852, member: 28733"] Since insurance concerns offers and acceptance between a prospective insured and an insurer, it is then a matter for the insurer yo decide whether or not to cover a particular peril or risk so long it falls within the ambits or antics of the classes if insurance such an insurer is authorized to underwrite. However, due to the reforms and competitiveness in the insurance subsector or industry in recent times, there has been a rapid product development by insurers leading to provision of insurance covers that suit the demands of a insuring public. Hence, virtually every peril associated with property except those excluded or excepted by market agreement now insurable except: i. Property belonging to a person who at the date of the contract is an enemy alien. An enemy alien is a citizen of a country that is at war with another country and who resides within the country his own country is at war with. During the Gulf War an American residing I. Iraq is an enemy alien and cannot insure his property in Iraq. But goods purchased from an enemy alien is insurable. ii. Property for which the insurance is deemed to be against public policy e.g. a house meant for prostitutes (brothels) property stolen but goods purchased with the proceeds of a robbery is insurable. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Insurance Forums
Scope of Insurance
Top