How National Insurance Works

How National Insurance Works

National insurance scheme is in fact a social security scheme run by the government of a country for the required financial security of its citizens, more particularly for the persons who are employed in various organizations or self-employed or non-employed.


Elements of Insurance Policy Forms

Insurers do issue policies with regard to all types of insurance contracts. A policy as such is not the contract in itself, it is simply an evidence to the contract which already exists.


Three Types of Risk in Insurance

It is required to know the complex classification and sub-classification of risk and also an insight on risks which can be insured and which cannot be.