Which of the following statements about fire insurance is correct?
A) A fire policy is a contract of assurance.
B) A fire policy is a contract of contingency.
C) A fire policy is a contract of indemnity.
D) A fire policy is a contract of property insurance.
Correct Answer:
Verified
Q40: The onus of proving that all material
Q41: All contracts of insurance are arranged through
Q42: List the duties of an insurance agent
Q43: An insurance broker is:
A)an employee of an
Q44: Which of the following is NOT an
Q45: Payment of an insurance premium to an
Q47: An insurer is responsible for the actions
Q48: Which of the following is NOT an
Q49: Public liability is an example of general
Q50: A life insurance policy is a contract
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