The things or property insured is called ________ of the insurance

Related MCQs

• Which principle suggests that insured should try to minimize the loss of his property even if it is insured?
• The interest which the insured has in the subject matter of insurance is called ________
• Consideration on the part of the life insured in respect of a life insurance contract is
• Fire insurance is a device to compensate the insured for the loss caused by _______
• _____________ Policy is granted only in respect of stocks of inventories of the insured under fire insurance business.
• The ________ is the party who gets his life or property insured against risks.
• Transfer of rights and remedies of the insured to the insurer after indemnity has been effected is called __________.
• The insurer agrees to compensate the insured in consideration of a sum of money is called
• When the amount for which a subject matter is insured is more than its actual value, it is called _________
• The person whose risk is insured is called ________