……………is the party who undertakes the risk in insurance.

Related MCQs

• The party whose risk is covered in insurance is known as ……….
• ------ is a device of reducing the risk undertaken by an insurance company.
• In the case of marine insurance reserve for unexpired risk is …..
• The consideration in insurance for covering the risk is called ………….
• …………..is an agreement between two insurance companies whereby one transfers a part of risk to other.
• ……….is an agreement between two insurance companies whereby one transfers a part of risk to other.
• In the case of marine hull insurance, reserve for unexpired risk is to be maintained @....... %of net premium
• ………is a form of agreement between two parties in which one party agrees to make good for loss of another.
• ………is a form of agreement between two parties in which one party agrees to make good for loss of another.
• Assets which do not carry more than normal credit risk is known as….