FUNDAMENTALS OF INS~RANCE DR. P.K. GUPTA M.Com., Ph.D. (Finance), FICWA, FCS, CFA AIlI Reader (Finance & Risk Management) Centre for Management Studies Jami a Millia Islamia, Delhi KC)jI Cflifilalaya Gpublishing Cflouse • Mumbai. Delhi. Bangalore. Hyderabad. Chennai • Ernakulam. Nagpur. Pune. Ahmedabad. Lucknow © AUTHOR No part of this publication should be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, 11leChallical, photocopying, recording and/or otherwise without the prior written permission of the authors. Bread1 of this will be liable for legal action. ISBN REVISED EDITION Published by 978-81-83180-94-8 2008 : Mrs. Meena Pandey for HIMALAYA PUBLISHING HOUSE, "Ramdoot", Dr. Bhalerao Marg, Girgaon, Mumbai-400 004. Phones: 23860170123863863 Fax: 022-23877178 Email:
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