An Introduction to Insurance Laws

Key Features:

• The book adopts a fresh and novel approach to the study of insurance, intended primarily for students appearing for LL.B. and Management Studies.
• Various aspects of IRDAI, Life Insurance and Marine Insurance have been discussed in a comprehensive manner.
• The Principles of Insurance are explained with the help of juristic opinions and latest judicial decisions, both Indian and foreign, to illustrate and interpret the provisions of Insurance Laws.
• Insurance Laws (Amendment) Act, 2015 and various significant rules and regulations passed by the IRDAI have been highlighted with necessary details.
• The Public Liability Act, 1991 has been discussed thoroughly in a commentary style and a new chapter of Insurance Ombudsman has also been added in the present edition.
• This book strictly follows a student friendly approach and has been written purely in a teach yourself style. Also, a large number of case studies have been added for class-room discussions.

Table of Contents:

• Part I
  • Chapter 1 An Introduction To Insurance
  • Chapter 2 Functions Of Insurance
  • Chapter 3 Nature Of Insurance
  • Chapter 4 Historical Development Of Insurance
  • Chapter 5 Kinds Of Insurance
• Part II
  • Chapter 1 Principles Of Insurance
  • Chapter 2 The Premium
  • Chapter 3 Risk
  • Chapter 4 Insurance Regulatory And Development Authority of India
  • Chapter 5 Insurance Intermediaries
• Part III
  • Chapter 2 Life Insurance
  • Chapter 2 Events Insured In Life Insurance
  • Chapter 3 Circumstances Affecting The Risk
  • Chapter 4 Amounts Recoverable Under Life Policy
  • Chapter 5 Persons Entitled To Payment
  • Chapter 6 Settlement Of Claim And Payment Of Money
  • Chapter 7 Life Insurance Corporation Of India
• Part IV
  • Chapter 1 Concept Of Marine Insurance
  • Chapter 2 Classification Of Marine Insurance
  • Chapter 3 Assignment Of Marine Insurance Policy
  • Chapter 4 And 5 Principles Of Marine Insurance
  • Chapter 6 Excluded Losses
  • Chapter 7 Included And Excluded Losses, Total Loss
  • Chapter 8 Measures Of Indemnity
• Part V
  • Chapter 1 Nature And Scope Of Public Liability Insurance Act
  • Chapter 2 And 3 Specific Provisions Of Public Liability Insurance Act
• Part VI
  • Chapter 1 Insurance Ombudsman
• Appendices
  • The Insurance Act, 1938
  • Insurance Regulatory And Development Authority Act, 1999
  • The Public Liability Insurance Act, 1991
  • The Insurance Laws (Amendment) Act, 2015