muhammad asif 
Backdating in the insurance industry allows a policy to take effect earlier than its actual issue date. The policyholder agrees to backpay the premium as if the coverage had started on the backdated date. While it can be beneficial in certain scenarios, backdating also involves specific considerations and requirements. Let’s break it down step by … Read more
The principle of indemnity is a cornerstone of insurance, ensuring that policyholders are financially restored after a loss without profiting from it. This fundamental principle applies across various types of insurance and is designed to bring the insured back to their pre-loss financial state—not better, not worse. In this blog, we’ll delve into the concept … Read more
Trusts are a popular tool in estate planning, offering a secure and efficient way to manage and transfer assets, including residential properties. However, when protecting these assets with a residential insurance policy, the question arises: Can a trust hold such a policy? The answer is yes, but it requires careful planning and understanding of how … Read more
You have recently adopted a kitten from a shelter. Get the paperwork done. Now, new family member needs a beautiful name, but she already got one from a shelter. You have already registered that name on insurance papers, so she has got an official name. What if you don’t like that name and want it … Read more
Cuba is grappling with one of its most severe power crises in recent history, following a massive power outage that left nearly 10 million Cuban residents without electricity for days. The crisis, which intensified in November 2024, is linked to the ongoing issues with the country’s aging infrastructure and a critical fuel shortage exacerbated by … Read more
There is bad news for car owners from the auto insurance industry, new reports from credible sources are predicting significant increases in auto insurance will continue to rise this year. Rates across the United States are already on its peak with the rise of 24% in 2024, some states experiencing jump up to 61%. Here … Read more