Consequential loss policy is also known as ……………………….

Related MCQs

• The clause through which the insurance claim due to loss of stock is reduced to the proportion that the policy value is …………………………..
• The insurance claim due to loss of stock is reduced to the proportion that the policy value bears to the value of stock
• …………….. reserve is created to meet any loss due to natural calamity
• The profit and loss amount of general insurance companies are prepared in …………………………………..
• No profit and loss appropriation account is prepared in case of a…………… company.
• A banking company required to prepare its profit & loss account according to ……………………… of the III schedule of the Banking Regulations Act.
• The insurance indemnifies the insured any loss of profit arising from interruption of the normal activity
• The claim lodged by the business to the insurance company on happening the event of loss is called …………………..
• When a fixed asset is destroyed ,the loss of such asset on the date of fire can be ascertained from
• When stock is destroyed the ………………….. of loss is difficult