The party whose risk is covered in insurance is known as

Related MCQs

• ……………. Is the party who undertakes the risk in insurance
• The consideration in insurance for covering the risk is called………….
• ……………. Is an arrangement between two insurance companies whereby one transfers a part of risk to other .
• Double insurance is common in ……………………. Insurance.
• Re insurance is generally found in ………………. Insurance
• The commission earned by insurance companies from others for giving them business under re insurance is called ……………………
• The commission given by insurance companies to others for receiving Business under re insurance is called ………………….
• Fire insurance, marine insurance etc come under ………………………
• Insurance claim is a claim ……………………… by the insurance company
• Fire insurance policies contain an “………….” to discharge under insurance