Q1.
Against the transferred risk the insured will have to pay a certain amount (consideration) to the insurer which is known as the
Sum Assured
Claim
dule
aM
O
Bonus
Premium
Lang
Q2.
itle
Which one of the following statement is correct?
Principle of indemnity applies to General Insurance
Principle of indemnity applies to Non-life insurance
RYO
ction
Both the statements are correct
0
O
La
mente
menta
Both the statements are wrong
-
Q3.
refers to the transfer of the title rights interest of the insurance policy
catio
SUR
Nomination
Assignment
isura
isura
Surrender
None of the above
Inst
surai
nce
Q4.
Rohit 17 years old submitted a proposal for Endowment plan of Rs. 1 lakh to AB Insurance Company. In the absence of an
essential ingredient of a valid contract the proposal was not accepted. Which factor caused the insurer for non-acceptance of
the pr
Capability of performance
um
EPT
IS H
Legality of object
Offer
IS N
Capacity to contract
Answers
Answered by
0
Answer:
You taken care for the directly
Similar questions