Page 30 - CommerceMagazine_Sat_Vanijya
P. 30

METHODS OF INSURANCE





                                        According to the study books of the chartered
               insurance Institute, there are variant methods of insurance as

               follows

                1.  Co-insurance:-

                                      Risk shared between insurers.

                2. Dual insurance:-

                                      Having two or more policies with overlapping

               coverage of a risk.
                3. Self -insurance:-
   25   26   27   28   29   30   31   32   33   34   35