In case of life insurance, insurable interest should exist
A) At the inception of policy
B) At the time of claim
C) At the time of every renewal of premium payment
D) All the above occasions
Correct Answer:
Verified
Q1: The principle of utmost good faith is
Q2: The principle of utmost good faith is
Q3: Which of the following risks are insurable?
A)Speculative
B)Economic
C)Sure
Q4: Insurable interest is
A)Defined in the Insurance Act
B)Defined
Q6: In the case of life insurance, the
Q7: The term 'Assurance' refers to _
A)Life Insurance
Q8: The central office of LIC of India
Q9: Under _ insurance, loss of profit policy
Q10: Health insurance can be availed by people
Q11: _ was the first Indian Insurance Company
A)Bombay
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents