________ is the property saved from loss

Related MCQs

• The purpose of ………. Are to hold the negligent person responsible for the loss and prevent the insured from collecting twice for the same loss.
• Under ________ insurance, loss of profit policy is called as consequential loss policy
• ……… may be described as a social device to reduce or eliminate risk of loss to life and property.
• The chance of loss from the unforeseen circumstances in future refers to ______.
• _____________ are independent professionals appointed by an insurance company to assess the loss or damage on a claim under a policy.
• …………….principle means that the insured is not entitled to make a profit on his loss.
• ………..principle in insurance mention the cause of loss must be direct and an insured one in order to claim for compensation.
• The ……….associated with the insurance business are agents, surveyors, loss assessors, brokers, third party administrators and banks.
• …………are independent professionals appointed by an insurance company to assess the loss or damage when a claim is notifed under a policy issued by them.
• ________ is a social device for eliminating or reducing the loss of society from certain risk.