_________ is a contract between two insures i.e. original insurer and another insurer.

Related MCQs

• In India ……….controls and regulate the rates, advantages , terms and conditions that may be offered by insures in respect of general insurance business relating to marine (hull) ,motor ,engineering and workmen compensation.
• Re-insurer is the insurer who grants a guarantee from the _______
• Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.
• Insurance contract is sort of contract which is approved by
• When the same risk and subject matter is insured with more than one insurer is known as
• In cases where a Life Insurance Agent collects the premium from the policyholder and remits it to the insurer’s office, he is acting as an agent of _____
• ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.
• A person employed to do any act for another or to represent another in dealing with a third person refers to
• The insurer agrees to compensate the insured in consideration of a sum of money is called
• __________ refers to the right of an insurer to refuse admittance of the claim by the insured.