I was just talking to my brother about this. Its an endlessly fascinating subject. He's actually trying to start an insurance company, and when he started talking about it, something just clicked with me. I'm trying to learn everything I can. Thank you Vipin.
Your language is outstanding sir.. I concentrated more on your language and vocabulary, simply and effectively u have used, than the topic! Feeling awesome.., We will be really blessed, if you take a lecture on English language and vocabulary. Thanks alot!!
Vipin Mandyam, your explanation regarding insurance policies is perfectly suits very well both in knowledge and understanding of the insurance, many who watch your video will be satisfied extremely as I do. Thanks for the video, pls ensure to complete what I have pointed out in my previous comment. Congratulation! on your successful video clip
Thank you very much for this video Vipin. But I find that the Blanket policy is no explained. That's it. Rest all is very clear and with good explanation. Please keep on uploading new videos like this. Thank you very much once again.
Yes, definitely you are 100% correct. so we started channel to promote and sharing with practical and daily examples. Watch all the videos, if you like and worthy and share with all m.ruclips.net/user/hamaragoodlife#dialog
thank you so much sir for that excellent explanation... now I actually understand what these principles actually mean... my teacher in college just couldn't explain this to us the way you did.. I again wanna say a big thank you to you...😊
Wow! You've done it so well. Well elaborated points and with a clear language. Thanks so much and may the Lord see through your work and reward you accordingly
There are some more topic also like Miscellaneous insurance Accident insurance Burglary insurance Motor car insurance I would request you to make a another video which covers these topic also
Explanation is very clear. I just got one doubt. What is the difference between idemnity and subrogation as for both the cases, you mentioned that insurer is going to help us for getting new door for the damaged one.
Indemnity puts the person who suffered the loss back into the same financial position as just before the loss. Subrogration is where the Insurer claims the amounts that were paid toward losses from the third party.
Many life insurance companies specialize in different types of life insurance policies. It can also be difficult to know which life insurance company can offer you best types of life insurance for your unique planning needs. Affordable Life USA helps individuals and business owner’s identify the perfect type of life insurance policy to compliment their overall financial plan. We have streamlined the process of shopping for life insurance and monitor a network of many life insurance companies.
Rest all are soo good bt coming to insurable intrest it's wrong actually its different from what u said sir bt the rest is well ur language u r way of speaking 👌
@@ProfessorFit Why would it differ? Insurance terminology is universal and should reflect the same meaning across the board. Utmost good faith is the principle of honesty an intangible asset whereas goods has a completely different meaning- India is not very different from the Us or Canada.
Thank You Sir. Can you explain about Insurance Business and Risk Management and Insurance Laws and Regulations Sir. As soon as possible. It will great to know about this through you.
Vipin Mandyam, in this above video Inurance - Basic and Types, I found that Blanket Policy is not explained rather it went straight to Marine Policy, is this due to non importance of the subject or was it due to error of video recording. I do hope you would correct the error in this case because many of them who watch will not be disappointed losing their interest of knowledge should they want to know about it.
sir can u make video on lic ado exam.Topic (50marks objective) is" insurance and financial awareness with special emphasis on knowledge of life insurance and financial sector"
The floating Policy is when actual damage cannot be determined and only estimated. Blanket policy is multiple property on same or diff locations. Plz Check
so say you have a question saying discuss principles of insurance with reference to long term and short term insurances... how i'm i suppose to tackle that? i dont really know what long term and short term insurances are exactly
Sir i have a question that if i have taken car insurance and if accident occurs and my car is damaged then the insurance company is going to compensate me by replacing the damaged parts but at the same time if again accident occurs then my ques is that they will again compensate me or nor?
You can take an any number of claims in the year. in health the insured value will be decreased once you make the claim not in a motor m.ruclips.net/user/hamaragoodlife#dialog Watch all videos which are relating to insurance with practical examples
Hey dear, Insurable Interest - As far as refund is concerned Ins Co will pay me back (It can be on Short Period/Pro Rata) in some case they can refuse only for liability premium only , and Insurable interest is more concerned of who can pay the premium of any asset or Life - I can pay on behalf of my father but not for hot aunty who lives next door! Even bank can pay for mortgaged property as they have interest in my property because it belongs to them now!
Great video but Subrogation as explained by you is not correct. Subrogation is the right of the insurer to pursue a third party that caused an insurance loss to the insured. Your explanation is about the right to salvage of the insurer. In the example, subrogation would mean to pursue the third party at fault in damaging the door. Here's a great video explaining Subrogation: ruclips.net/video/tZigJttpdas/видео.html
Hi sir i have NIA AO interview soon... What will be the apt answer for the question.....Why do you want to get into insurance sector rather than into a Banking or other sectors? Kindly suggest......thanks
The diversity of Insurance is what makes it interesting. There are even doctors taking up insurance in case they have some medical negligence case against them, dancers take up insurance for their legs and singers for their voice. Insurance is an ancient sector, it is first mentioned in the Arthashastra. Hope this answer helps
Insurance law exam tomorrow.. thanks sir, very good lecture! really helped
I was just talking to my brother about this. Its an endlessly fascinating subject. He's actually trying to start an insurance company, and when he started talking about it, something just clicked with me. I'm trying to learn everything I can. Thank you Vipin.
m.ruclips.net/user/hamaragoodlife#dialog
Watch all videos which are relating to insurance with practical examples
Your language is outstanding sir..
I concentrated more on your language and vocabulary, simply and effectively u have used, than the topic! Feeling awesome..,
We will be really blessed, if you take a lecture on English language and vocabulary. Thanks alot!!
Vipin Mandyam, your explanation regarding insurance policies is perfectly suits very well both in knowledge and understanding of the insurance, many who watch your video will be satisfied extremely as I do. Thanks for the video, pls ensure to complete what I have pointed out in my previous comment. Congratulation! on your successful video clip
Good Evening- Good presentation and clear in basics. Please continue in the same spirit sir- Prof. (Dr.) Mohammed Saheb Hussain
this will help me for tomo insurance exam box of thanks sir g ur genius pehli baar lecture bore ni laga
Thank you very much for this video Vipin. But I find that the Blanket policy is no explained. That's it. Rest all is very clear and with good explanation. Please keep on uploading new videos like this. Thank you very much once again.
thanks a lot sir. the whole exam was based on this. helped me alot.🙏
latest video awesome. Happy I could help you
Like your video. Very informative. Insurance is part of everybody's life.
Yes, definitely you are 100% correct. so we started channel to promote and sharing with practical and daily examples. Watch all the videos, if you like and worthy and share with all
m.ruclips.net/user/hamaragoodlife#dialog
Woow thank you for explaining in english for the benefit of foreign students in India
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Watch all videos which are relating to insurance with practical examples
thank you so much sir for that excellent explanation... now I actually understand what these principles actually mean... my teacher in college just couldn't explain this to us the way you did.. I again wanna say a big thank you to you...😊
m.ruclips.net/user/hamaragoodlife#dialog
Watch all videos which are relating to insurance with practical examples
This is useful one for video basic insurance concepts . Thank You
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Watch all videos which are relating to insurance with practical examples
Wow! You've done it so well. Well elaborated points and with a clear language. Thanks so much and may the Lord see through your work and reward you accordingly
Very nice article and easy way to understand ..... Thanks....
There are some more topic also like
Miscellaneous insurance
Accident insurance
Burglary insurance
Motor car insurance
I would request you to make a another video which covers these topic also
Wow... Great... Your way of delivering the things is extraordinary, Amazing.. Thanks alot..
thank you for the support :) please subscribe and share with your friends too
i really appreciate this topic helped me to clear my doubts. i enjoyed vivid explanation the topic THANK YOU SO MUCH
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Watch all videos which are relating to insurance with practical examples
Precisely explained. Thank you sir.
m.ruclips.net/user/hamaragoodlife#dialog
Watch all videos which are relating to insurance with practical examples
Explanation is very clear. I just got one doubt. What is the difference between idemnity and subrogation as for both the cases, you mentioned that insurer is going to help us for getting new door for the damaged one.
Indemnity puts the person who suffered the loss back into the same financial position as just before the loss.
Subrogration is where the Insurer claims the amounts that were paid toward losses from the third party.
@@sstrand link of your youtube channel?
Sir can u make more videos on Insurance? Like cash value component, documentation, more on health insurance etc This video was very helpful.
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Watch all videos which are relating to insurance with practical examples
m.ruclips.net/user/hamaragoodlife#dialog
Watch all videos which are relating to insurance with practical examples
tank u very much i under stood very well in this video.very good explanation
17:44 I hope your house is still safe from fire :D
Thanks for this great explanation!
thank u so much for making these video......now I get it all meanings
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brilliant clarity on concept explanation..........
Thanks a lot sir
it will be greatly helpful for my interview in New india Assurance
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Watch all videos which are relating to insurance with practical examples
Sir your English pronunciation very good can make video as how to speak English just as you do . And sir thank you for this video .
Many life insurance companies specialize in different types of life insurance policies. It can also be difficult to know which life insurance company can offer you best types of life insurance for your unique planning needs.
Affordable Life USA helps individuals and business owner’s identify the perfect type of life insurance policy to compliment their overall financial plan. We have streamlined the process of shopping for life insurance and monitor a network of many life insurance companies.
Very helpful sir...thank u soo much..pls do make more educational videos
What is blanket policy u don't explain
Nice, bro fortunately we have SAME name
gr8 vid...but please cover other types like Health Insurance n Property insurance
Hi,,, sure I can work on it. :)
thank you for following my work. Please subscribe and share this channel with your friends too,
nd u missed Blanket policy..u mentioned it..but didn't tell about it..:)
ah sorry. I dont have a script. So I may miss out. :(
its ok..i no u don't..u wr gr8 by the way..i hv my intrview tomorrow in UIIC..
Very nice pronunciation and information....
thank you
Rest all are soo good bt coming to insurable intrest it's wrong actually its different from what u said sir bt the rest is well ur language u r way of speaking 👌
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Watch all videos which are relating to insurance with practical examples
very good sir and thanku very much .sir pls uploads the sum
In Canada and the USA we call it Utmost Good Faith. Utmost faith in goods has a completely different meaning and has no place in Insurance Wording
Speaking from India's perspective ma'am
@@ProfessorFit Why would it differ? Insurance terminology is universal and should reflect the same meaning across the board. Utmost good faith is the principle of honesty an intangible asset whereas goods has a completely different meaning- India is not very different from the Us or Canada.
@@ProfessorFit It is utmost good faith (uberrima fides) in India as well.
@@sstrand visit us(India) once you would know how different we are.
Very good video..nicely explained
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Watch all videos which are relating to insurance with practical examples
It really helped sir.
thank u sir very useful for exam preparation.
Thank You Sir.
Can you explain about Insurance Business and Risk Management and Insurance Laws and Regulations Sir. As soon as possible. It will great to know about this through you.
m.ruclips.net/user/hamaragoodlife#dialog
Watch all videos which are relating to insurance with practical examples
Vipin Mandyam, in this above video Inurance - Basic and Types, I found that Blanket Policy is not explained rather it went straight to Marine Policy, is this due to non importance of the subject or was it due to error of video recording. I do hope you would correct the error in this case because many of them who watch will not be disappointed losing their interest of knowledge should they want to know about it.
Sir what exactly is the major difference between an endowment and a term insurance?
The explanation to insurable interest frankly with the greatest respect is totally wrong. Please come again
You're right! The explanation is faulty!
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Watch all videos which are relating to insurance with practical examples
@@smruthivaze6960
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Watch all videos which are relating to insurance with practical examples
The 1st principal is Utmost good faith Not utmost faith in goods! we are bot here to dealing with commodities an business goods!
👌 super explanation Sir. but more disturbance
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Watch all videos which are relating to insurance with practical examples
This will help me for my tomorrow exam....tomorrow is my FI exam😊
sir can u make video on lic ado exam.Topic (50marks objective) is" insurance and financial awareness with special emphasis on knowledge of life insurance and financial sector"
Thank you...got the very thing I'd been looking for....
Alexander Paul thank you ... please subscribe and share with your friends
Nicely explained...liked it👍👍
Good video, professor. I just shared to my Business Analysis Interest Group (BAIG) on Facebook. Thank you
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Watch all videos which are relating to insurance with practical examples
The floating Policy is when actual damage cannot be determined and only estimated. Blanket policy is multiple property on same or diff locations. Plz Check
Thank you so much sir..i have cleared some grey areas...i hd exam tommorw
Thiwanka Dilpahan All the best :)
I'm so glad for watching this video. I'm feeling like I probably make my exam...
so say you have a question saying discuss principles of insurance with reference to long term and short term insurances... how i'm i suppose to tackle that? i dont really know what long term and short term insurances are exactly
Long term insurance? Most insurances are long term. :) Life or general. I have still not understood your question completely though :(
best explanation thank you Vipin
Thankooo... please check out my Latest videos too :-)
Some of these explanations that you are explaining is NOT right. I suggest you re-examined your knowledge. But you have done well.
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Watch all videos which are relating to insurance with practical examples
Sir make available video in types of insurance
Beautifully explained.
nicely explained thankyu so much
Great explanation !!
Thank you sir
Nice explanation
superb explanation
Fantastic. ...........
* you can't replace someone who is dead *🤣🤣🤣🤣🤣🤣 ain't that the truth 🤣🤣 love it❤❤❤
VERY CLEAR......THANK U SIR
Very well explanation sir thank you sir
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Watch all videos which are relating to insurance with practical examples
Sir i have a question that if i have taken car insurance and if accident occurs and my car is damaged then the insurance company is going to compensate me by replacing the damaged parts but at the same time if again accident occurs then my ques is that they will again compensate me or nor?
You can take an any number of claims in the year. in health the insured value will be decreased once you make the claim not in a motor
m.ruclips.net/user/hamaragoodlife#dialog
Watch all videos which are relating to insurance with practical examples
great explanation
Sir aap blanket policy explain krna bhool gye
Hey dear, Insurable Interest - As far as refund is concerned Ins Co will pay me back (It can be on Short Period/Pro Rata) in some case they can refuse only for liability premium only , and Insurable interest is more concerned of who can pay the premium of any asset or Life - I can pay on behalf of my father but not for hot aunty who lives next door! Even bank can pay for mortgaged property as they have interest in my property because it belongs to them now!
heyy vipin nice explanation, please let me know if you have idea about insurance domain knowledge or videos for "manual testing".
no sorry 😞
Data
Data
plzzzzzzzzzzz explain the fundamental principle of insurence
Sir pls hindi me lectures upload kara kariye English me to hm goggle bhi kar sakte h
this will help me for my tomorrow exam 😊
Sagarika Gurung okkk
Sagarika Gurung
Me too pretty
Same fr me
Likewise here
How life insurance in India is regulated by IRDA? Please send me sir!
this will help me for my tomorrow exam
sir,1st of all i wd like 2 tq u 4r such an use full vidieo but sir u dint xplain abt d blanket insurance can v knw abt it
Awesome sir
what is composite policy in marine insurance
Please help me with settlements of claim in case of fire and marine insurance
Hello Sir!☺ it is fantastic...... thanks a lot........
good video...
Great video but Subrogation as explained by you is not correct. Subrogation is the right of the insurer to pursue a third party that caused an insurance loss to the insured. Your explanation is about the right to salvage of the insurer. In the example, subrogation would mean to pursue the third party at fault in damaging the door.
Here's a great video explaining Subrogation: ruclips.net/video/tZigJttpdas/видео.html
sir i not understand principle of causa proxima plz explain me in hindi
Helpful Information
gud explanation sir
Thankooo. I've uploaded loads of new videos. please check n subscribe
good job bro thank you so much this will help me a lot
Oya
Nice one n informative sir
Thank you . It is helpful .. :)
Could you please differentiate Indemnity and Subrogation for a better understanding if you/someone can ?
sir what about motor vehicle insurance policy???
good job
thank u i learned alot
Relaxing Point calms your troubled day. ''Nature Calms''..............
Hi sir i have NIA AO interview soon...
What will be the apt answer for the question.....Why do you want to get into insurance sector rather than into a Banking or other sectors? Kindly suggest......thanks
The diversity of Insurance is what makes it interesting. There are even doctors taking up insurance in case they have some medical negligence case against them, dancers take up insurance for their legs and singers for their voice. Insurance is an ancient sector, it is first mentioned in the Arthashastra. Hope this answer helps
Vipin Mandyam Thanks a lot sir
jayanth kumart
glad to help :)
is ur intrview over now?? how was it? nd wat was asked??
this was so helpful
i want know about the indemnity
Lic ado agents category syllabus plz share
i like the topics
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Watch all videos which are relating to insurance with practical examples
thank you sir......
Blanket policy??
thank you so much for this video sir
CT