Insurance Law and Regulations - Vol I

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It is as important to be aware of the nuances of insurance law as of any other aspect of law. In this three-part series on insurance law, the concepts, breadth of scope and insurance trends of insurance law are covered in great detail. Volume I begins with a discussion on the various necessary elements of insurance such as insurance contracts, how to formulate a contract, marketing insurance business, classification of insurance business and related aspects. This volume presents insurance law in India and other countries. Volume II draws attention to the need for regulations to oversee these funds, apart from bringing to light the Insurance Act 1938, Life Insurance Act 1956, General Insurance Business (Nationalization) Act, 1972, Public Liability Act 1991 and IRDA Act 1999 and other regulations made under each of them. Volume III discusses the need for enacting insurance laws to protect the rights of individuals. Apart from presenting various concepts of fire, marine and motor insurances, this book also explains contemporary insurance trends, law, changes and proposals of today’s insurance business .