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ACCAMMA CHERIAN - JHANSI RANI OF TRAVANCORE

  ACCAMMA CHERIAN - JHANSI KI RANI OF TRAVANCORE   In the struggle for independence, India was fortunate to have received the assistance from countless minds. They initially were forged due to the chains put on them by the colonial society.   They exhibited daring acts both against the society and the British. They still continue to inspire the future generations to act against injustice and for liberty through their deeds. The freedom fighter whom I knew was Accamma Cherian.                                                Accamma Cherian, well known as ’The Jhansi ki Rani of Travancore’, was born in 14 February 1909 in Kanjirappaly, Travancore, part of the now Kerala. She was born in a Nasrani family ,constituting Christians,   as the second daughter of Thomman Cherian and Annama Karipparambil. She was schooled at a gove...

INSURANCE - ITS FUNDAMENTAL PRINCIPLE

INSURANCE - ITS FUNDAMENTAL PRINCIPLE  INTRODUCTION   Life is full of uncertainties. An event causing loss to an individual or a firm is uncertain and is not in the controls of anyone. The chances are thus uncertain and these risks such as death, injury and accidents to a human being, burglary and fire risk to property and goods, natural calamities etc. can cause a huge loss. This loss may be so huge for the business that it may not be able to bear it and might have to be closed. Thus, insurance plays a key role in removing the hindrance of risk.  Insurance is a device by which the loss likely to be caused by an uncertain event is spread over a number of persons who are exposed to it and who prepare to insure themselves against such an event. it is a contract or agreement under which one party agrees in return for a consideration to pay an agreed amount of money to another party to make a loss, damage or injury to something of value in which the insured has a pecuniary in...