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Technocrats Basic Insurance Principles

The principle of insurance provides an opportunity for the insurance participant to convince what he is doing so that there is no risk to the needs or interactions of the insurance participant. Mostly, the principle of insurable interest is practiced on credit insurance. The insured will not burden the family or the closest person if an unexpected event takes place while the debt process is still running.

The principle of this Teknokrat insurance is often said with good will. That is, prospective insurance participants must provide honestly about their situation and the other insured in an appropriate and honest manner. Thus, the insurance company can arrange insurance premiums and other agreements in the policy.

This principle is the principle that found it which gives rise to special and first. From this principle, insurance companies can measure and provide compensation in the same way as the actual cause.

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