Kinds Of Insurance Contract
Category: Law on Insurance
Kinds Of Insurance Contract
Insurance contracts are classified as follows:
1) Life insurance contracts
a) Individual (Sections 179-183, 227)
b) Group Life (Sections 50 and 228)
c) Industrial Life (Sections 229-231)
2) Non-Life Insurance Contracts
a) Marine (Sections 99-166)
b) Fire (Sections 167-173)
c) Casualty (Section 174)