Naraka Chaturdashi(Chhoti Diwali) – Naraka Chaturdashi is an annual Hindu festival that falls on Chaturdashi of the Krishna Paksha in the Hindu calendar month of Ashvin or Kartika. It is [...]
Loss Payee and Lender’s Loss Payable Additional Interest in Insurance
Introduction to Payee and Payable Interest in Insurance When a lender makes a loan secured by personal property, the lender receives its interest in the collateral under the applicable [...]