Which one of the following statements is correct?
A) A life insurance policy is a contract, enforceable in a court of law
B) A life insurance policy is not required to be stamped
C) Both the statements are correct
D) Both the statements are wrong
Correct Answer:
Verified
Q15: The policy which cover against bodily injury
Q16: As per the Insurance Act, every insurance
Q17: Freight insurance is under
A)Life insurance
B)Marine
C)Fire
D)Motor
Q18: The minimum sum insured under Fire insurance
Q19: General Insurance does not include:
A)Travel Insurance
B)Health Insurance
C)Home
Q20: Life Insurance underwriting is mainly concerned with
A)Age
B)Health
Q21: _caters specifically to the transportation of goods
Q22: Motor insurance provides insurance cover to
A)Private vehicles
B)Commercial
Q23: In insurance the risk is
A)certain
B)uncertain
C)Both a and
Q25: Which one of the following statements is
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