When the same risk and subject matter is insured with more than one insurer is called as _______

Related MCQs

• When the amount for which a subject matter is insured is more than its actual value it is called _____
• When the amount for which a subject matter is insured is more that its actual value. It is called…..
• When the subject is partially lost by a peril insured against, it is called ___________
• The person whose risk is insured a is called ____________
• The person whose risk is insured is called __________
• The proportion of the risk which the direct insurer holds on his own account refers to _______
• The proportion of the risk which the direct insurer holds on his own account refers to ___________
• Which of the following steps in the risk management process helps in determining sum insured under policies?
• Risk insured against death is a contract of _________
• Risk insured against death is a contract of ________