The
insurance idea is an old institution of transactional trade.
The age-old form of insurance was the marine insurance.
There is nothing like disaster to set men’s minds
to work. Consequently in due course of time fire and life
insurance made their appearance. Within the last hundred
years the insurance principle is being extended wider. To
day one finds insurance cover for accidents, motor vehicles,
glass, livestock, crop, burglary and various other disasters.
Insurance is a device not to avert risk calamities and disasters;
but to mitigate their rigors and financial losses. The function
of insurance is to such loss arising from risks of life
over a large number of persons.
We at GOALS shall aid and advice our corporate clients
to come up with adequate solutions while ensuring legal
compliance under the provisions of law.
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