Contract of indemnity whereby the insurer, in consideration of a certain periodical payment, undertakes to indemnify the other party against financial losses. Acquired in two main ways: -Open Perils -Named Perils safeguards financial future. Secures business from loss to the structure and contents of the business. Provides cover for unintentional damage. Reimbursement for damages.
Contract of indemnity whereby the insurer, in consideration of a certain periodical payment, undertakes to indemnify the other party against financial losses. Acquired in two main ways: -Open Perils -Named Perils safeguards financial future. Secures business from loss to the structure and contents of the business. Provides cover for unintentional damage. Reimbursement for damages.
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Attribution Non-Commercial (BY-NC)
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Contract of indemnity whereby the insurer, in consideration of a certain periodical payment, undertakes to indemnify the other party against financial losses. Acquired in two main ways: -Open Perils -Named Perils safeguards financial future. Secures business from loss to the structure and contents of the business. Provides cover for unintentional damage. Reimbursement for damages.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
Contract of indemnity whereby the insurer, in consideration of a certain periodical payment, undertakes to indemnify the other party against
financial losses
acquired in two main ways: -Open Perils -Named Perils
safeguards financial future . Secures business from loss to the structure and contents of the business. provides cover for unintentional damage. reimbursement for damages.