Insurance by tradition provides a safety net for the survival of businesses and individuals in society. The significance of this role cannot be overemphasized. The sector’s contribution to the GDP has ...

In Swift 1st Ltd v Chief Land Registrar [2014] All ER (D) 12 (February), Bimla Rani Sunsoay was the registered proprietor of 15 Elmstead Road in Ilford, Essex. In June 2006, after receiving a mortgage ...

Yes, they will be enforceable. In the case of life insurance policies, the principle of indemnity does not apply. The indemnity principle means that the policy payout should restore the insured to the ...

In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...

THE collateral source rule provides that “if an injured person receives compensation for his injuries from a source wholly independent of the tortfeasor, the payment should not be deducted from the ...

Daniel Jark has 10+ years of professional experience as a wealth management advisor and portfolio manager at Genève Invest. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA ...