Generally speaking, no sane or rational human being would wish for himself or pray for calamities which brings about adverse changes to status regarding properties already acquired; however, this could arise from losses such as death, accident, fire, burglary etc. or other natural causes like typhoons, floods, tornadoes, earthquakes or tsunamis; these events are definitely beyond the control of human beings, yet, they are part and parcel of life. Insurance is the means by which provisions are made in advance to mitigate the consequences of losses, which are part of life. Stated in another...

It is natural that human beings are desirous of acquiring goods that make life habitable or in the case of going concerns, goods that keep the industrial wheel running; but, due to scarcity of funds, most desired goods are elusive; in order to ameliorate the worsening socioeconomic condition of the people and body corporate across the globe, hire purchase arose to enable the acquisition of goods that cannot be paid for immediately, in other words, rather than pay the full cost price for goods needed, hire purchase is the means by which payments are made by installments until the total cost...

The tranquility hitherto enjoyed by citizens of East Africa appears to have significantly atrophied; no longer is it possible to sleep with the two eyes closed nor is it reasonable to freely traverse wherever one chooses; as natural threats plague man so are man-made threats, and of late, the most dreadful and severe of the threats to humanity is that of terrorists who could strike at any time, and most often times when they do, innocent lives are wasted and valuable properties are destroyed with impunity. This study seeks to establish if there are indeed threats to mankind and if the answer...