OFFER AND ACCEPTANCE

Offer and Acceptance By applying for insurance, the first thing you do is get the nomination form of a particular insurance company. After filling in the information requested, we will send the form to the company. This is your offer. If the insurance company accepts your offer and agrees to secure, this is called an acceptance. In somecases, the insurer may agree to accept your offer after making some changes in the terms proposed.

meaning of INSURANCE

INSURANCE means to compensate for the loss of specified events. The only insurance-cover loss of ONLY TO THE EXTENT OF SUM INSURED. THE BUSINESSRELATES TO THE PROJECTED ECONOMIC VALUE OF ASSETS. EVERY assets are worth. The active HAVE CREATED THROUGH THE EFFORT OF THE OWNER.The asset is valueable THE OWNER, WHY WAIT SOME OF THE NEEDS. The benefit may be an income or SOMEOTHER FIT.