Multiple Choice
Insurance is a written agreement between the insurer and the ………………………………
A) People
B) Individuals
C) Institutions
D) Insured
Correct Answer:
Verified
Correct Answer:
Verified
Q11: The subject matter of insurance is _<br>A)Risk<br>B)Return<br>C)Income<br>D)Profit
Q12: The insurer agrees to compensate the insurer
Q13: ……………………………….is the party who agrees to compensate
Q14: Insurance is a written agreement between the
Q15: Marine insurance may cover loss or damage
Q17: IRDA is a ------------ member team<br>A)10<br>B)20<br>C)15<br>D)18
Q18: The things are property insured is called
Q19: Motor insurance provides insurance cover to _<br>A)Private
Q20: Expanded form of IRDA is_<br>A)Insurance Regulatory Development
Q21: A contract of insurance is a …………………………………….agreement<br>A)contingent<br>B)Constant<br>C)Both