<p style="text-align:justify"><span style="font-size:16px">This course is offered by LOGIVeda, the best Digital Institute for the Logistics Sector.&nbsp;<span style="background-color:white"><span style="color:black">This course describes the Fundamental Principle of Insurance - what is Insurance, why Insurance is important and the Acts governing Insurance business. There are fundamental elements of Insurance such as Utmost good faith, Indemnity, Insurable Interest, Causa Proxima, Risk must attached, Mitigation of loss, Contributions, Subrogation, Loss minimization and law of large numbers, which is explained here. It also describes about the charging assets.</span></span></span></p>