………… principle in insurance mention the assured must have insurable interest in the life or property insured.

Related MCQs

• ………..principle in insurance mention the cause of loss must be direct and an insured one in order to claim for compensation.
• Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.
• Insurable interest means ________ interest
• The things or property insured is called ________ of the insurance
• ………..is the first comprehensive legislation governed both life and non-life branches of insurance was enacted to provide strict state control over the insurance business in India.
• The ________ is the party who gets his life or property insured against risks.
• The policy for which the premium is payable throughout the life of the assured is known as
• The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers
• …………….principle means that the insured is not entitled to make a profit on his loss.
• _____________ Policy is granted only in respect of stocks of inventories of the insured under fire insurance business.