IIQE Paper 3 English Key Study Notes

What are the personal needs of insurance? Dependents’ living expensesFinal (end of life) expensesEducational fundsRetirement incomeMortgage repayment fundEmergencies fundDisability income Name the various principals of life insurance. Insurable InterestUtmost Good FaithProximate CauseIndemnityContributionSubrogation Define insurable interest. Insurable interest is a relationship with the subject matter of insurance that is recognised at law or in equity as giving […]

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