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Principles of Insurance Law

Principles of Insurance Law

          
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About the Book

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 RISK is inherent, universal and entrenching; more so in the sphere of every and any commercial activity. In certain cases, risk is inevitable but entails substantial uncertainty either in occurrence or incidence. Risk deters, justifiably, anyone who wants to undertake an activity or create a legal relationship. However, a feeling or assurance as to security facilitates individuals in pursuing their endeavours without a feeling of insecurity. Insurance offers this security. Insurance is construed as the most successful facet of our economy, ie, post-reformation. Undoubtedly, the insurance sector has served many social tasks. The public acceptance stems from the nature and premise of a regulatory process. The IRDA has succeeded in infusing this kind of public faith. Naturally, it is the legal framework which governs the subject and deserves to be appreciated by one and all.

The law relating to insurance in this country is not only diverse but also pervasive in nature. On one hand the emerging frontiers of insurance have posed serious challenges. Whereas on the other, the regulatory authority has stood the test of time in the context of our experiments and experiences in the realm of market economy. This book, in a very comprehensive and constructive way, covers almost all the facets of Insurance Law in the backdrop of relevant legal principles, both statutory and uncodified, and diverse arrays of judicial interpretation cutting across different jurisdictions of the globe. Throughout, current and updated information has been incorporated.


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Product Details
  • ISBN-13: 9788180385278
  • Publisher: LexisNexis India
  • Publisher Imprint: LexisNexis India
  • Edition: 9
  • ISBN-10: 8180385272
  • Publisher Date: 2009
  • Binding: Paperback
  • Language: English

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