The subject matter of insurance is ________

Related MCQs

• Which of the statement is correct? A. Existence of the subject-matter is an express condition. B. There are no implied conditions in insurance contracts
• The interest which the insured has in the subject matter of insurance is called ________
• Which is not a subject matter of marine insurance
• Human life is the subject matter of a contract of ________
• __________ means a complete loss or destruction of the subject matter in the policy.
• __________ means insuring a risk with two or more insurers and the total sum insured also exceeds the actual value of the subject matter.
• When the amount for which a subject matter is insured is more than its actual value, it is called _________
• ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.
• Which of the statements is correct? A. Insurance is a transfer of risk mechanism. B. Insurance gives physical protection to assets.
• In case of life insurance, insurable insurance should not exist?