Senior 3 Entrepreneurship: Insurance Notes by Male T

These notes introduce insurance as a way for individuals and businesses to manage financial losses from risks. They explain risk pooling, outline benefits to entrepreneurs, and distinguish life assurance from general insurance. Definitions cover premiums, policies, brokers, claims-related roles, underinsurance and overinsurance. The material also discusses utmost good faith, indemnity, insurable interest, proximate cause and subrogation, using business and property examples. Sections describe life assurance options and selected general insurance policies in Uganda. Short assessment questions support review of the introductory concepts.