ROLE AND RELEVANCE OF INTERMEDIARIES IN FIRE INSURANCE
Mr. Ramakant Vats
Ishan Law Journal, Vol. 2, No. 3 (2024)
Keywords:
Insurance, Hazards, Subrogation and Insurance Agents.
Abstract
The need of the Fire Insurance was first felt in the year 1666, as an outcome of Great Fire in London. The fire started from the shop of the Banker in the Pudding Lane which spreads and destroyed more than 436 acres of land, 13,000 houses, 89 places of worships i.e., churches and many more buildings. It is an insurance policy which covers any kind of land having some economic value including home constructions or fixings and fittings or machinery or stock or furniture etc. Against perils and gives monetary help to restore what one has lost, so the policyholder can return to the situation preceding the misfortune has happened.
| Authors | Mr. Ramakant Vats Assistant Professor, Ishan Institute of Law, Gautam Buddha Nagar, Greater Noida, Uttar Pradesh, India |
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| Full Text | |
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| Issue | Vol.2 No. 03 (2024), ISHAN LAW JOURNAL |
| Downloads | 1 |
| How To Cite | Mr. Ramakant Vats (2024). ROLE AND RELEVANCE OF INTERMEDIARIES IN FIRE INSURANCE. Ishan Law Journal, 2(03). |
References
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