The person who agrees to compensate the loss arising from the risk is called the _____

Related MCQs

• The person who agrees to compensate the loss arisingfrom the risk is called the ______
• …………….. is planned retention by which the part or full of the exposure arising a risk factor is retained by the firm
• Relative variation of actual loss from expected loss is called………
• The person whose risk is insured a is called ____________
• The person whose risk is insured is called __________
• If any risk is concerned with financial loss, it is termed as………..
• …………..is concerned with the conversion of a firms asset and earning power against risk of accidental loss.
• Willingness to retain whole or part of a given risk is called…………..
• When the same risk and subject matter is insured with more than one insurer is called as _______
• Risk is measurable……..