Average clause is a …………… in the insurance company

Related MCQs

• Fire insurance policies contain an “average clause” to discourage ……………………………..
• At the time of calculating insurance claim , the average clause is ………………. If the value of stock at the date of fire was more than the policy value.
• The clause through which the insurance claim due to loss of stock is reduced to the proportion that the policy value is …………………………..
• Insurance claim is a claim ……………………… by the insurance company
• 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 ………………………
• Fire insurance policies contain an “………….” to discharge under insurance