International Cargo Clauses & Inland Transit Clauses in Marine Insurance
Marine Insurance has been the silent partner to both global and local trade. It may be the transport…
What is Consequential Loss in Insurance?
Let us consider a scenario where your company is caught in a fire that burns down costly business…
GST Registration Online: Documents Required, Process, Fees, Limit, Penalty
GST registration is no longer a mere formality when it comes to running a business in India–it is…
Lay-off in Labour Law & Compensation to Workmen
Every economy revolves around labour and employment and India is no exception. However, stability of work is a…
What Is Theft Insurance?
Imagine this ! You have spent years working to create a business only to wake up one morning…
Insurance Broker vs. Insurance Agent: What’s the Difference?
Insurance is not merely about policies. It is financial protection. It is absolute peace of mind. And it…
What is Underinsurance?
Insurance is regarded as a kind of safety net- a promise of peace of mind in times of…
Memorandum of Association (MoA): Meaning, Format & Clauses Explained
Key Takeaways A Memorandum of Association (also known as MoA) is the legal charter that defines how an…
What Is Indemnity? | Definition, Meaning & Examples
Think of a deal where you sign, shake hands and then you are informed, “I have your back,…
Moral Hazard in Insurance: Everything You Need to Know
Insurance is meant to cushion us against the unforeseen–but it also transforms the manner in which human beings…