Which of the following insurance contract is not based on the principle of indemnity
A) File Insurance
B) Marine Insurance
C) Life insurance
D) None
Correct Answer:
Verified
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
Q19: Marine insurance may cover loss or damage
Q20: _ insurance is a not a contract
Q21: Risk is evaluated on the basis of
Q22: Insurance is a written agreement between the
Q23: Insurable interest means_ interest
A)Individual
B)Social
C)Monetary
D)All of these
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