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Insurance is a cooperative method of spreading the loss resulting from a particular risk over a number of persons who are exposed to it and who agree to ensure themselves against it by paying an amount of money to the common pool.
The principles of insurance are given blow:
1.Principle of utmost good faith: utmost good faith refers to the act of providing all the information clearly by the insured and insurer to each other. Insured should clearly stat the information regarding the property or life.
. Principle of probability: probability refers to the event which may or may not take. The principle predicts the possibility of events in future on the basis of past experience, knowledge and exerts.
.Principle of proximate cause: There may be more than one cause for any event. If there is more than one cause for the losses, insurance company finds out the nearest causes and if such cause is within the scope of insurance, insurance company provides compensation.
मोडेलको सेक्सी भिडियो हेर्नको लागि तलको बक्सको बिचमा क्लिक गर्नुहोस
