The principle of indemnity does not apply to
A) burglary insurance
B) fire insurance
C) marine insurance
D) life and personal accident insurance
Correct Answer:
Verified
Q1: Certain percentage of the sum assured is
Q3: Transfer of rights and remedies of the
Q4: Guarantee for employer for the loss out
Q5: Motor insurance has its beginning in the
A)usa
B)ussr
C)uk
D)uae
Q6: Fidelity guarantee insurance does not guarantee
A)the death
Q7: Insurance is based on the principle of
A)co-operation
B)democracy
C)equality
D)welfare
Q8: This policy covers all risks to the
Q9: Fire insurance can be taken in respect
Q10: The principle of indemnity applicable to...........
A)life insurance
B)personal
Q11: Except life insurance the maximum term of
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