Derived from the renowned multi-volume International Encyclopaedia of Laws,
this book provides valuable practical insight into both public supervisory
legislation concerning insurance and private insurance contract law in
India
. An informative general introduction surveying the legal, political,
financial, and commercial background and surroundings of insurance provides a
sound foundation for the specific detail that follows.
The book covers all essential aspects of the law and regulation governing
insurance policies and instruments. Its detailed exposition includes
examination of the form of the insurance company and its reserves and
investments; the insurance contract; the legal aspects of the various branches
of property and liability insurance; motor vehicle insurance schemes; life
insurance, health insurance, and workmen’s compensation schemes; reinsurance,
co-insurance, and pooling; taxation of insurance; and risk management and
prevention.
Succinct yet eminently practical, the book will be a valuable resource for
lawyers handling cases affecting
India . It will be of practical
utility to those both in public service and private practice called on to
develop and to apply the laws of insurance, and of special interest as a
contribution to the much-needed harmonization of insurance law.