The Insurance Company cannot prevent the happening of risk but provide for losses at the happening of risk.
A) true
B) false
C) only a
D) a and b
Correct Answer:
Verified
Q6: The period for which a policy is
Q7: A ---------- policy covers loss of stock,
Q8: Insured standing charges are the --------------
A)fixed charges
B)horizontal
Q9: ……………… ratio indicates the relationship of gross
Q10: Due to the inclusion of average clause
Q12: Insurance is a financial service for collecting
Q13: A marine insurance policy is taken to
Q14: The amount paid by insured to insurer
Q15: General insurance business in India is transacted
Q16: A memorandum trading account is to be
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