Risk is evaluated on the basis of ________ theory

Related MCQs

• When the same risk and subject matter is insured with more than one insurer is known as
• ……… may be described as a social device to reduce or eliminate risk of loss to life and property.
• Insurance cannot prevent the occurrence of risk but it provides for the………
• ________ is a social device for eliminating or reducing the loss of society from certain risk.
• From the following, which is not a type of risk?
• In insurance the risk is ________
• __________ means insuring a risk with two or more insurers and the total sum insured also exceeds the actual value of the subject matter.
• The proportion of the risk which the direct insurer holds on his own account is called _________
• From the following which is not a type of Public Liability Risk Insurance
• The risk of individuals and families are cored under ________