The principle of _______ does not apply to life insurance
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A person insured his goods worth Rs. 2000 for Rs. 1600 and suffers a loss of Rs. 1800. His claim can be for
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Paid-up value is payable on a life insurance policy
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Insurance technique is based on the principle of
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In which of the following types of insurance should insurable interest be present only at the time when policy is taken?
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Insurer is a person who has
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Average clause is a fire policy
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A kind of insurance which provides for indemnity for loss against health such as loss of time and medical expenses due to sickness is called
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A type of insurance contract through which protection is given against loss of crop from risk is known as
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A memorandum added to a policy embodying some alterations to the terms of policy is known as
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Which of these persons will not be given a license to work as an insurance agent?
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A plan of insurance is said to be different from another if
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