The ________ is the party who gets his life or property insured against risks.

Related MCQs

• ………… principle in insurance mention the assured must have insurable interest in the life or property insured.
• The things or property insured is called ________ of the insurance
• __________ provides risks coverage to the life of person
• …………….principle means that the insured is not entitled to make a profit on his loss.
• The ________ is the party who agrees to compensate the other person against possible losses.
• ……… may be described as a social device to reduce or eliminate risk of loss to life and property.
• The person responsible for evaluation and acceptance / rejection of risks and computation of premium in insurance is called
• ___________ Policy is issued to cover the risks involved when the ship is anchored in the post.
• ________ policy is taken to cover different risks for a single shipment.
• Crop insurance covers the risks of __________