________ Policy covers both fixed and current assets of insured manufactures.

Related MCQs

• _______ policy covers both land and sea sides
• Which of the following is true? A. Policy form is a legal document. B. The warranties inserted in a policy safeguard the interest of the insured.
• Which principle suggests that insured should try to minimize the loss of his property even if it is insured?
• Burglary insurance policy covers the risks from burglary________
• A ___________ policy covers loss on goods which are laying in different places.
• If the insured dies before the expiry of the term of the policy, is known as ________
• _____________ Policy is granted only in respect of stocks of inventories of the insured under fire insurance business.
• Which of the statements is correct? Under a fire policy A. Insurance is a transfer of risk mechanism. B. Insurance gives physical protection to assets.
• Transfer of rights and remedies of the insured to the insurer after indemnity has been effected is called __________.
• ________ is a valid contract between the insured on the one side and the insurer on the other