Relative variation of actual loss from expected loss is called………

Related MCQs

• When the amount for which a subject matter is insured is more that its actual value. It is called…..
• When the amount for which a subject matter is insured is more than its actual value it is called _____
• ….. is a condition in which there is a possibility of an adverse deviation from a desired outcome that is expected or hope for.
• The person who agrees to compensate the loss arisingfrom the risk is called the ______
• The person who agrees to compensate the loss arising from the risk is called the _____
• If any risk is concerned with financial loss, it is termed as………..
• …………….. is a policy where the insurer undertakes to make good the loss upto the amount mentioned in the policy
• …………..is concerned with the conversion of a firms asset and earning power against risk of accidental loss.
• The danger of loss from the unforeseen circumstances in future refers to _____
• _________ is concerned with the conversion of a firm’s asset and earning power against risks of accidental loss.