June 13, 2024


June 13, 2024


Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured, insurance policies are used to hedge against the risk of financial losses, both big and small, that may result from damage to the insured or her property, or from liability for damage or injury caused to a third party, the definition of non-life insurance is, the losses that are incurred from a specific financial event are compensated to the insured this is called non-life insurance. General insurance, property insurance and casualty insurance are other names of non-life insurance, motor insurance is a unique insurance policy meant for vehicle owners to protect them from incurring any financial losses that may arise due to damage or theft of the vehicle. Whether you have a private car, a commercial vehicle, or a two-wheeler, you can purchase a motor insurance policy.
The insurance industry is heavily regulated and shaped in part by public policy concerns. These concerns can come into conflict and create uncertainty for insurers involved in third party liability litigation, particularly where there are multiple claimants advancing claims that may be greater than the limit of available insurance. This paper provides a general overview of the public policy concerns affecting insurance limits in motor vehicle versus non-motor vehicle liability claims, addresses the steps that insurers and counsel can undertake to expedite the resolution of liability litigation, and briefly describes the risk of long-tail liability exposure and how it can be mitigated, insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils, there are many types of insurance policies. Life, health, homeowners, and auto are the most common forms of insurance, the core components that make up most insurance policies are the deductible, policy limit, and premium.
As BIJOCAP Finvest we are offering core services to customer are
Life Insurance,
Health Insurance,
Motor Insurance and
General Insurance. 
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