The interest which insured has in the subject matter of the insurance is called …………………………………….
A) Premium
B) Insurance Interest
C) Both A and B
D) None
Correct Answer:
Verified
Q3: ……………………………….is the party who agrees to compensate
Q4: ……………………………….is the party who gets his life
Q5: The insurer agrees to compensate the insurer
Q6: The things are property insured is called
Q7: The document which lays down the terms
Q9: A contract of insurance is a …………………………………….agreement
A)contingent
B)Constant
C)Both
Q10: LIC was formed in ………………………….
A)1952
B)1956
C)1957
D)1962
Q11: Risk is evaluated on the basis of
Q12: Insurance is a written agreement between the
Q13: Insurable interest means …………………………….interest
A)Individuals
B)Social
C)Monitoring
D)All of this
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