The aim of a contract of indemnity insurance is:
A) To assist the insured to rebuild his business or home.
B) To put the insured back to the position they occupied before the occurrence of the loss.
C) To assist the insured to make a profit out of their loss.
D) To assist the insured against unforseen business or economic losses.
Correct Answer:
Verified
Q1: An insured under a contract for general
Q2: To whom may an insured apply in
Q4: The doctrine of subrogation:
A) Is limited in
Q6: At common law,the insured in every contract
Q8: The object of insurance is to spread
Q9: What is the relationship between insurance law
Q9: Does an innocent misrepresentation in an application
Q10: In order to claim on a policy,
Q16: Which of the following statements about insurance
Q17: Which of the following statements about the
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