LIC was formed in ………………………….
A) 1952
B) 1956
C) 1957
D) 1962
Correct Answer:
Verified
Q5: The insurer agrees to compensate the insurer
Q6: The things are property insured is called
Q7: The document which lays down the terms
Q8: The interest which insured has in the
Q9: A contract of insurance is a …………………………………….agreement
A)contingent
B)Constant
C)Both
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
Q14: Human life is the subject matter of
Q15: Motor insurance provides insurance cover to _
A)Private
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