Explain briefly the principles of insurance with suitable examples.

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Hi thanks for asking this question, See for insurance decisions main factors are:- Cost to benefit ratio in terms how much premium need to pay and what is the insured amount. Secondly in today's world of fast food l, hypertension, mental disturbances, lack of physical work exercises itsitadvisable...
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Hi thanks for asking this question, See for insurance decisions main factors are:- Cost to benefit ratio in terms how much premium need to pay and what is the insured amount. Secondly in today's world of fast food l, hypertension, mental disturbances, lack of physical work exercises itsitadvisable to take a health policy. read less
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B.Tech Computer Science MBA Finance & Marketing

Insurance is something which is used to protect yourself from financial lossess. It is primarily of 2 types Life Insurance (Term Plan , Endowment , Pension plan + etc )& Non-Life Insurance (Auto Insurance , Home Theft Insurance , Medical Insurance etc ). For Insurance to be covered, the Insurance...
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Insurance is something which is used to protect yourself from financial lossess. It is primarily of 2 types Life Insurance (Term Plan , Endowment , Pension plan + etc )& Non-Life Insurance (Auto Insurance , Home Theft Insurance , Medical Insurance etc ). For Insurance to be covered, the Insurance company charges a premium amount which is based on various demographic factors like age , type for a specific term (# years). read less
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