In 'Hit and Run' cases, claims are settled from _______
A) Solatium Fund
B) IRDA's contingency Fund
C) Insuring Company's reserves
D) Motor Third Party Pool
Correct Answer:
Verified
Q3: As per structured formula under the Motor
Q4: Time Policies relate to:
A)Fire insurance
B)Hull insurance
C)Personal Accident
Q5: Which clause specifies the perils insured in
Q6: Which of the following types of insurances
Q7: The minimum paid up capital required for
Q9: Select the expanded form of FPA as
Q10: Select the expanded form of ALOP used
Q11: Insurance cannot prevent the occurrence of risk
Q12: The document which embodies the contract in
Q13: ……… principle in insurance means maximum truth.
A)subrogation
B)causa
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