Need to Make an insurance Claim?

All of us have some kind of insurance be it for your home, your car, your business or yourself. All insurance contracts, without exception, are governed by a set of fundamental principles otherwise known as the principles of insurance. These include Utmost Good Faith, Insurable Interest, Indemnity, Subjugation, Contribution and Proximate cause. We will get to all of these over the next few months on this blog, but for now let us explore indemnity.

All insurance contracts are contracts of indemnity i.e., the amount which is payable to you in the event of you experiencing a loss against which you