Which of the following types of loss exposures are best met by the use of avoidance?

Related MCQs

• Which of the statements are true? A. Loss prevention and loss reduction mean different things. B. Risk maybe transferred by contract.
• The cause of loss or a contigency that may cause a loss is known as--------------
• ________ means to make good the actual loss and nothing more than the actual loss.
• Under ________ insurance, loss of profit policy is called as consequential loss policy
• Which of the following types of risks best meets the requirements for being insurable by private insurers?
• Which of the following is an accidental loss by fire?
• From the following which is a loss due to fire?
• Which is the consequential loss in the fire insurance?
• Which type of insurance protects the policyholder against loss or damage to a ship or its cargo on the high seas?
• Which principle suggests that insured should try to minimize the loss of his property even if it is insured?