Insurance
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Principle Of Contribution Under Common Law And Policy Condition
Principle Of Contribution Under Common Law: The Principle is corollary to the principle of indemnity and will maintain its continued…
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How To Calculate Contribution In Insurance
If we want to Calculate Contribution In Insurance, then a few things should be checked. Once it is established that…
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Factors Influence The Application Of Principle Of Contribution In Insurance Claims
It has to be remembered that as Principle Of Contribution has had its birth from the principle of indemnity and…
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What Is Principle Of Contribution In Insurance
It has been well established through the Principle of indemnity that on the happening of a loss, the insured shall…
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Use Of Subrogation In Insurance Claims
It has already been explained in my previous article on how subrogation arises and how this goes to the benefit…
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How The Right Of Subrogation Arises In Insurance
Consider an example that ‘X’ had been to Ottawa driving his car. After parking the car somewhere in front of…
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Difference Between Salvage And Abandonment In Insurance
Salvage And Abandonment have different meaning in insurance. Salvage generally refers to remains of the property after a loss. Usually,…
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Can An Insured Recover The Damages From Multiple Sources?
The principle of subrogation is applicable only to the insurance contracts those are of contracts of indemnity. A very prominent…
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Principle Of Subrogation In Insurance
Principle Of Subrogation is the legal doctrine of substituting one creditor for another. Subrogation is a right where a person…
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Payment Of Insurance Claims And Its Impact On Sum Insured
Sum Insured is not free from all dangers. What happens to it? The question usually crops up into our mind…
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