Whatever is being discussed here relates to Life Insurance alone. This discussion is not applicable to other types of Insurances. What happens when an insurance company decides to cheat the public? Can they cheat? Can they evade payments to their policyholders? This article examines of that possibility. What we call actuarial tables are but death […]
Tag: policyholders
LIFE INSURANCE CANCELLATION
Whatever is being discussed here relates to life insurance alone. This discussion is not applicable to other types of Insurances. It may kindly be born in mind. THE ACTUARIAL TABLES: What we call actuarial tables are not life tables, but death tables. They are carefully prepared based on the actual mortality data. In other words, […]
8. What is Reasonable Care?
Section 3 of the Private Car Package Policy general conditions talks about reasonable care. “The insured shall take all reasonable steps to safeguard the vehicle insured from loss or damage to maintain it in efficient condition”. What are the reasonable steps to safeguard the vehicle? What maybe reasonable to me may not reasonable to you…on […]
