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“Volenti non fit Injura” means that things suffered voluntarily are not fit/deemed to be an injury or an injury cannot arise out of a voluntary act. It is one of the defences under Tort Law. Section 300 (Exception 5) of IPC embodies a principle similar to that of tort law principle ‘Volenti non fit Injuria’ as it says a person above 18 years of age when consents to his death or risks his death, it is not murder.
A seller’s market in which insurance is expensive and in short supply is termed as?
Which among these factors are considered by the insurance companies to calculate the premium of car insurance policies?
The 'No Fault Liability' provision in the Motor Vehicles Act, 1988 is applicable to:
The term 'total loss' in motor insurance refers to:
A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at...
What covers professionals for negligence and errors or omissions that injure their clients?
___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.
A person invests Rs. 100000 in an insurance policy, 40000 Rs in a PPF account. He also invests fees of his two children 40000rs each. Then how...
The role of a risk engineer in the insurance process is to:
As per the Consumer Protection Act, 1986, who cannot be classified as a consumer?