Question

29.
30.
Insurable interest means in
(A) Individual (B) Social (C) Monetary (D) All of
Which principle suggests that insured should try to minimize t
loss of his property even if it is insured?
(A) Principle of indemnity
(B) Principle of Mitigation
(C) Principle of Proximate Cause (D) Principle of contribution
The insurer agrees to compensate the insured inconsideration
a sum of called --
(A) Policy
(B) Subject matter (C) Premium (D) None
31.​

Answer 1

Answer:

a. Individual

d. principal of contribution