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Fundamental Principles of Insurance

Detailed explanation on fundamental principles of Insurance.

By : Logiveda
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Fundamental Principles of Insurance
$30.4
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This course includes

Fundamentals of principles of Insurance.

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Description

This course is offered by LOGIVeda, the best Digital Institute for the Logistics Sector. This course describes the Fundamental Principle of Insurance - what is Insurance, why Insurance is important and the Acts governing Insurance business. There are fundamental elements of Insurance such as Utmost good faith, Indemnity, Insurable Interest, Causa Proxima, Risk must attached, Mitigation of loss, Contributions, Subrogation, Loss minimization and law of large numbers, which is explained here. It also describes about the charging assets.

Requirements

This course does not have any pre-requisite.

You'll learn in this module

Upon successfully completing the course, the student will be able to

  1. Understand fundamental principles of insurance.
  2. Understand what is utmost good faith, indemnity, insurable interest, mitigation of loss and law of large numbers amongst other basic principles.
  3. Understand what is meant by charging assets.

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The name Logiveda is a combination of Logi – for Logistics and Veda – for Sacred books of learning from India. So, LOGIVEDA is a complete source to enhance your knowledge for Logistics.

Logiveda with 400+ learning courses is designed by the JBS Academy Private Limited with the purpose to strengthen skills related to the Logistics Sector globally. 

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