Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.

Related MCQs

• ………… principle in insurance mention the assured must have insurable interest in the life or property insured.
• Insurable interest means ________ interest
• Under ________ insurance, loss of profit policy is called as consequential loss policy
• ………..principle in insurance mention the cause of loss must be direct and an insured one in order to claim for compensation.
• The first insurance contract was entered into by European maritime nations in 1347 to accept ……..insurance as a practice.
• Insurance contract is sort of contract which is approved by
• The purpose of ………. Are to hold the negligent person responsible for the loss and prevent the insured from collecting twice for the same loss.
• The ……….associated with the insurance business are agents, surveyors, loss assessors, brokers, third party administrators and banks.
• ………….of India offers a range of credit risk insurance covers to exporters against loss in export of goods and services.
• ………..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.