(a) Insurer: This is the person who promises or undertakes to pay the sum assured or
its equivalent if the insured event occurs. The insurer must be a body corporate licenced
by the commissioner of the insurance to transact insurance business.
(b) Insured: This is the person who takes out an insurance policy. The insured may be
a human being or a corporation. The insured must have an insurable interest in the
subject matter.
maurice.mutuku answered the question on May 1, 2018 at 12:18
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Write short notes on cover note.
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May 1, 2018
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Examine the rights and duties of a holder of a bill of exchange.
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Explain what is meant by Obiter dicta.
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May 1, 2018
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May 1, 2018
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Explain the legal principles applicable where F cut down the branches of a mango tree belonging to G, his neighbour, which
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Explain the legal principles applicable where F cut down the branches of a mango tree belonging to G, his neighbour, which
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May 1, 2018
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Answers (1)
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May 1, 2018
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May 1, 2018
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May 1, 2018
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May 1, 2018
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Abel Rigo received a bill of exchange for value from Boaz Ngao who had obtained
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Abel Rigo received a bill of exchange for value from Boaz Ngao who had obtained
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May 1, 2018
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May 1, 2018
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Explain the concept of illegality of contracts and give three types of contracts that are
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Date posted:
May 1, 2018
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Answers (1)