The claim lodged by the business to insurance company on happening the event

Related MCQs

• The claim lodged by the business to …………………….. on happening the event is known as insurance claim
• The claim lodged by the business to the insurance company on happening the event of loss is called …………………..
• Insurance claim is a claim ……………………… by the insurance company
• ………………… is the amount payable to the insured on the happening of event.
• A set of ……………… is to be followed to file a claim with the insurance company
• 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 ………………….
• 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
• Net claim on under insurance is equal to Loss of stock x value of stock On the date of fire