Under ________ insurance, loss of profit policy is called as consequential loss policy

Related MCQs

• _____________ are independent professionals appointed by an insurance company to assess the loss or damage on a claim under a policy.
• …………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.
• _____________ Policy is granted only in respect of stocks of inventories of the insured under fire insurance business.
• The first insurance contract was entered into by European maritime nations in 1347 to accept ……..insurance as a practice.
• ………..is the first comprehensive legislation governed both life and non-life branches of insurance was enacted to provide strict state control over the insurance business in India.
• ……………is insurance companies tying up with banks to sell insurance products.
• Motor insurance provides insurance cover to ________
• ________ insurance means an alternative to purchasing insurance in a commercial market.
• …………….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.