________ Policy covers both fixed and current assets of insured manufactures.

Related MCQs

• Which clause specifies the perils insured in a scheduled form of policy?
• If the insured dies before the expiry of the term of the policy, is known as ________
• _____________ Policy is granted only in respect of stocks of inventories of the insured under fire insurance business.
• Bronson Company manufactures tools that it sells to wholesalers. Bronson is concerned that it may be unable to collect money the company is owed by the wholesalers. To address this risk, Bronson Company could purchase
• ………….of India offers a range of credit risk insurance covers to exporters against loss in export of goods and services.
• When the same risk and subject matter is insured with more than one insurer is known as
• The purpose of ………. Are to hold the negligent person responsible for the loss and prevent the insured from collecting twice for the same loss.
• ………..principle in insurance mention the cause of loss must be direct and an insured one in order to claim for compensation.
• To provide the insured a speedy and inexpensive grievance redressal system ,the Govt.of India promulgated…………
• __________ means insuring a risk with two or more insurers and the total sum insured also exceeds the actual value of the subject matter.