Insurance by tradition provides a safety net for the survival of businesses and individuals in society. The significance of this role cannot be overemphasized. The sector’s contribution to the GDP has ...
Yes, they will be enforceable. In the case of life insurance policies, the principle of indemnity does not apply. The indemnity principle means that the policy payout should restore the insured to the ...
What will an insurer pay when a vehicle with motor comprehensive insurance right-side driving mirror gets damaged by another vehicle and we are not able to obtain one side mirror but to purchase the ...
The Master of the Rolls, Lord Phillips, and the Lord Chancellor, Lord Irvine, are abandoning the indemnity principle. The decision was made late last year and they are now looking at how to implement ...
In Swift 1st Ltd v Chief Land Registrar [2014] All ER (D) 12 (February), Bimla Rani Sunsoay was the registered proprietor of 15 Elmstead Road in Ilford, Essex. In June 2006, after receiving a mortgage ...
In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...
The much-maligned indemnity principle is set to be reigned in by the middle of next year in a government bid to ease the troubled conditional fee agreement (CFA) regime - but it will not be abolished ...
Collective conditional fee agreement (CCFAs) are subject to the indemnity principle, a costs judge has decided for what is thought to be the first time. In Gliddon v Lloyd Maunder Limited, Mr Gliddon ...
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