Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.
A) Fire
B) Marine
C) Property
D) Life
Correct Answer:
Verified
Q6: Final accounts of Life Insurance Companies include
A)Revenue
Q7: From the following, which is a type
Q8: _ is also known as all risk
Q9: A health insurance should be
A)Affordable
B)Continuous
C)Universal
D)All of those
Q10: _ is a plan designed for businessmen
Q11: From the following which is a character
Q12: LIC Housing Finance Ltd. was incorporated on
Q13: An international code of _ rules applied
Q14: _ are extra benefits under the policy
A)Riders
B)Loans
C)both
Q16: The transit risk caused by fire is
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