The ________ is the party who gets his life or property insured against risks.

Related MCQs

• Which principle suggests that insured should try to minimize the loss of his property even if it is insured?
• Consideration on the part of the life insured in respect of a life insurance contract is
• Risk insured against death is a contract of _______-
• _________ is an agreement where by the insurer agrees to indemnity the insured against marine losses.
• The things or property insured is called ________ of the insurance
• __________ provides risks coverage to the life of person
• The ________ is the party who agrees to compensate the other person against possible losses.
• Which of the following types of risks best meets the requirements for being insurable by private insurers?
• All of the following are financial risks which may be faced by business organizations EXCEPT
• Which of the statement are true? A. Risk retention and risk transfer are some of the techniques to manage risks. B. Implementation is one of the steps in risk management