The term Assurance refers to______________
A) Life insurance business
B) Fire insurance business
C) Motor vehicle Insurance
D) Marine Insurance
Correct Answer:
Verified
Q14: _is a contract against injury or death
Q15: Motor vehicle insurance begin in _
A)UK
B)USA
C)India
D)Japan
Q16: The person whose risk is insured is
Q17: In marine insurance insurable interest is enough
Q18: _ is an agreement whereby the insurer
Q20: Marine peril is also called as_
A)Morale hazards
B)Moral
Q21: Medical expense insurance is also known as_
A)Personal
Q22: The constitution of the IRDA consists of
Q23: _ is also termed as group risk
A)Fundamental
Q24: Life insurance company was set up in_
A)1823
B)1832
C)1822
D)1821
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