_________means as complete loss or destruction of the subject matter in the policy
A) Partial loss
B) Total loss
C) Actual loss
D) None
Correct Answer:
Verified
Q1: _means closure or writing off the policy
Q2: If the insured dies before the expiry
Q3: If more than one person claim the
Q4: A marine insurance is a contract of_
A)Increment
B)Indemnity
C)Maturity
D)None
Q6: _policy is issued to cover the risks
Q7: _policy is taken to cover different risks
Q8: FPR means_
A)First Premium Receipt
B)Fourth premium receipt
C)First policy
Q9: _ is a policy in which the
Q10: Life insurance policies are issued for _years
Q11: A fire policy containing an average clause
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