Browse Insurance Services in Dadra and Nagar Haveli, India or list your own. Advertise, sell your property, list it for letDadra and Nagar Haveli is a district of the union territory of Dadra and Nagar Haveli and Daman and Diu in western India. It is composed of two separate geographical entities: Nagar Haveli, wedged in between Maharashtra and Gujarat states 1 kilometre (0.62 mi) to the north-west, the smaller enclave of Dadra, which is surrounded by Gujarat. Silvassa is the administrative headquarters of Dadra and Nagar Haveli.
Unlike the surrounding areas, Dadra and Nagar Haveli was ruled by the Portuguese from 1783 until the mid-20th century. The area was captured by pro-India forces in 1954 and administered as the de facto state of Free Dadra and Nagar Haveli before being accessioned to India as a union territory, the union territory of Dadra and Nagar Haveli in 1961. The union territory was merged with the neighbouring union territory of Daman and Diu to form the new union territory of "Dadra and Nagar Haveli and Daman and Diu" on 26 January 2020. The territory of Dadra and Nagar Haveli then became one of the three districts of the new union territory, as the Dadra and Nagar Haveli district.
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
An entity which provides insurance is known as an insurer, insurance company, or insurance carrier. A person or entity who buys insurance is known as an insured or policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and must involve something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.
The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster.Source: https://en.wikipedia.org/