………………………………………….means to make good the actual loss and nothing more than the actual loss

Related MCQs

• Under ________ insurance, loss of profit policy is called as consequential loss policy
• ………………………………………..means good or commodities carried in a ship
• If more than one person claim the policy Money is called_______________________
• The constitution of the IRDA consists of not more than ___________ members
• Usually, in public sector banks, government holdings are more than
• Public sector bank is a bank where the central government owned more than
• Name the electronic machine which is operated by the customer to make deposits and withdraws
• The mechanism by which a person can make purchases without immediate cash payment
• Policy holders are expected to pay premium on due dates a period of 15-30 days is allowed as grace to make payment of premium from the due date is
• When a banks make an advance to lump sum, the whole of which is withdrawn in cashimmediately by the borrowers who undertakes to repaid it in installments, it is called