Consideration on the part of the life insured in respect of a life insurance contract is

Related MCQs

• _____________ Policy is granted only in respect of stocks of inventories of the insured under fire insurance business.
• Which principle suggests that insured should try to minimize the loss of his property even if it is insured?
• The insurer agrees to compensate the insured in consideration of a sum of money is called
• Fire insurance contract is a contract of
• Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.
• ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.
• ________ is a valid contract between the insured on the one side and the insurer on the other
• Risk insured against death is a contract of _______-
• The things or property insured is called ________ of the insurance
• The interest which the insured has in the subject matter of insurance is called ________