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Learn the Concept of Principle of Indemnity!! Making Insurance Learning Simple
Language: ENGLISH
Instructors: Smartonlinecourse
Validity Period: 60 days
1% Cashback as Smart Online Course Coins
Why this course?
The principle of indemnity, one of the fundamental principles of Insurance ensures that the insured is compensated for the loss suffered and does not make any profit out of loss.
The concept of Insurance revolves around indemnity and it is the basic purpose of insurance to place the insured in same financial position before the loss.
We have designed this online course to enable participants learn the concept of Principles of Indemnity in detail. Along with lectures we have provided additional resources, references, caselaws with examples to have a deep understanding of the subject.
Why this Standalone course on Indemnity
Insurance is a technical subject. Unless the fundamentals are clear it become quite difficult to understand the subject thoroughly.
Once the concept is clear even the most complex scenarios or situations will be easy to handle. In both Insurance Underwriting where you need to decide the amount of premium to be charged based on type of risk or in case of Insurance Claim where insured needs to be compensated for actual loss suffered, Principle of indemnity plays a major role.
So understanding the concept thoroughly is very important to solve any complex problem. And once it is done getting solution to problems becomes quite easy.
Our course will help to demistify the subject and understand the concept thoroughly.
So JOIN this capsule course TODAY!!
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