Question

Match the correct pairs:
Group A
a. Life Insurance
b. Mitigation of loss
C. Premium
d. Cold storage
e. Warehousing

Group B
1. Claim by insured
2. Perishable goods
3. Insurable interest
4. Maximum loss
5. Transfer of goods from one place to other
6. To minimise the loss
7. Imported goods
8. Principle of indemnity
9. Storage of goods
10. Payment made by policy holder

Answer 1

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Answer 2

Group A: a. Life Insurance………………………….10. Payment made by policy holder. b. Mitigation of loss………………………… 1. Claim by insured.      c.Premium……………………………….10. Payment made by policy holder.           d.Cold storage……………………………2. Perishable goods. e.Warehousing…………………………… 9. Storage of goods.

Group B: 1. Claim by insured, 2. Perishable goods. 3. Insurable interest. 4. Maximum loss. 5. Transfer of goods from one place to other. 6. To minimise the loss. 7. Imported goods. 8. Principle of indemnity. 9. Storage of goods10. Payment made by policy holder