Multiple Choice
In the case of life insurance, the principle of insurable interest operates
A) In the same way as in marine insurance
B) In the same way as fire insurance
C) In the same way as in motor insurance
D) Differently than in other forms of insurances.
Correct Answer:
Verified
Correct Answer:
Verified
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
Q13: Hull insurance is a type of<br>A)Motor insurance<br>B)Fire
Q14: Which of the following insurance contract is
Q15: Marine insurance may cover loss or damage
Q16: Which of the following risks are insurable?<br>A)Speculative<br>B)Economic<br>C)Sure
Q17: In case of life insurance, insurable interest