The person or company who bears the risk of providing money at the end of a period of time or losses due to accident are known as

Related MCQs

• The person or company which gets compensation at the end of the period of time for loss due to accident is called
• ___________is a kind of deposit where depositor is required to deposit a fixed amount of money every month for a specific period of time
• ……………………………….is the party who agrees to compensate the other person against possible losses
• If a cheque has bears a date which is yet to come is termed as a
• Policy holders are expected to pay premium on due dates a period of 15-30 days is allowed as grace to make payment of premium from the due date is
• _______is a contract against injury or death resulting from accident
• The policy which cover against bodily injury resulting in death or disablement arising from an accident that has been caused by external violent and visible means is:
• Insurance which provides cover for losses or damages that could occur to goods in transit on sea, rail, road or air is known as
• ------------ is an anti money laundering measure specified in the prevention of money laundering act 2002.
• The person whose risk is insured is called ________________