Multiple Choice
The principle of utmost good faith is meant to protect the interest of
A) The insurer
B) The community of policyholders
C) The shareholders
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Marine insurance may cover loss or damage
Q3: Property insurance may not include<br>A)Burglary<br>B)Fidelity<br>C)Insolvency<br>D)Sickness
Q4: A marine insurance is a contract of<br>A)Increment<br>B)Indemnity<br>C)Maturity<br>D)None
Q5: Insurable interest is<br>A)Defined in the Insurance Act<br>B)Defined
Q6: The term 'Assurance' refers to _<br>A)Life Insurance
Q7: Health insurance can be availed by people
Q8: The principle of utmost good faith is
Q9: Fire insurance came into existence after the
Q10: Under _ insurance, loss of profit policy
Q11: Motor insurance provides insurance cover to<br>A)Private Vehicles<br>B)Commercial