Insurable interest means …………………………….interest
A) Individuals
B) Social
C) Monitoring
D) All of this
Correct Answer:
Verified
Q8: The interest which insured has in the
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
Q14: Human life is the subject matter of
Q15: Motor insurance provides insurance cover to _
A)Private
Q16: Expanded form of IRDA is_
A)Insurance Regulatory Development
Q17: IRDA is a ------------ member team
A)10
B)20
C)15
D)18
Q18: The subject matter of insurance is _
A)Risk
B)Return
C)Income
D)Profit
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