The Legal principles of insurance are very fundamental for the smooth operations of insurance business. Cleary discuss and analyse the seven principles of insurance and the insurance business model using relevant examples.
In an environment where there is so much antagonism towards insurance business, what would be your advice to an employee who works in an insurance company, and has been given a specific period of time to get a group of clients who will insure their assets/properties or even buy life assurance policies? How can such a staff meet the target?
Given the scenario above, assuming you are the owner of the insurance firm, what will you do to increase the patronage of clients towards your insurance business?