When a firm buys insurance to cover losses caused by riots, the firm is

Related MCQs

• Motor insurance provides insurance cover to ________
• Insurance cover
• Marine insurance may cover loss or damage to the ________
• Fire insurance is a device to compensate the insured for the loss caused by _______
• Which of the statements is correct? A. Insurance is a transfer of risk mechanism. B. Insurance gives physical protection to assets.
• In case of life insurance, insurable insurance should not exist?
• Which of the statements is correct? Under a fire policy A. Insurance is a transfer of risk mechanism. B. Insurance gives physical protection to assets.
• ________ insurance means an alternative to purchasing insurance in a commercial market.
• Re-insurance Treaties can be used for ________ re-insurance
• A Re-insurance of Re-insurance refers to