Insurance

Additional insureds

As we delve into the world of finance, it is crucial to understand the concept of insurable interest. This refers to individuals who have a stake in the property or person covered by an insurance policy. These individuals are protected against the specific losses outlined in the policy. However, it is important to note that they typically receive less coverage than the primary named insured. Let's explore this further to gain a better understanding.

Related terms

Floater policy

Understand the meaning and definition of Floater policy in the context of stock market, trading, and investments.

MORE
Convertible

Understand the meaning and definition of Convertible in the context of stock market, trading, and investments.

MORE
Actuarial Cost Method

Understand the meaning and definition of Actuarial Cost Method in the context of stock market, trading, and investments.

MORE
Surety

Understand the meaning and definition of Surety in the context of stock market, trading, and investments.

MORE
Endowment insurance

Understand the meaning and definition of Endowment insurance in the context of stock market, trading, and investments.

MORE
Punitive damages

Understand the meaning and definition of Punitive damages in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers