Q. Insurance is not gambling because of the presence of
A. Principle of utmost good faith
B. Insurable interest
C. Indemnity principle
D. None of the above
Answer: Insurable interest
We will be happy to hear your thoughts
A. Principle of utmost good faith
B. Insurable interest
C. Indemnity principle
D. None of the above
Answer: Insurable interest
