The term ‘Assurance’ refers to ________

Related MCQs

• Except life assurance the maximum term of other insurance is _________
• The term ‘run off’ or ‘fully declared’ refers to ___________
• …………. Refers to a situation where outcome is not certain
• The danger of loss from the unforeseen circumstances in future refers to _____
• Risks are not suited to treatment by insurance refers to ____________
• Any risk involved a situation where there is a possibility of gain refers to ________
• The principle of prevention is better than cure refers to __________
• The proportion of the risk which the direct insurer holds on his own account refers to _______
• A Re-insurance of re-insurance refers to _____
• The proportion of the risk which the direct insurer holds on his own account refers to ___________