Business Studies, asked by samvolt52, 5 months ago

The principle of indemnity is not applicable to which of the following
a Fire insurance
b. Life insurance
c. Marine insurance
d. None of these​

Answers

Answered by CHRONO90
1

Answer:

The principle of indemnity is not applicable to life insurance because the insurer may pay any amount but the insured cannot be brought back to the same state. Also, the loss of a life is not measurable and no money can indemnify the loss of a life.

Previous Question
Next Question
Similar questions
English, 2 months ago
rewrite the sentences with the nouns in the plural form.make others changes, if necessary​...
Math, 2 months ago
average of 12345667890 amd 0987654321​...
English, 2 months ago
summarise abraham Lincoln s letter to his sons's head master​...
Math, 5 months ago
Sunita buys a bag of potatoes for Rs 600 and sells it at Rs 900. What is her profit or loss percent?​
English, 5 months ago
Fill in the blanks with suitable modal verbs: [CO5, LOT, K3] i) Vijay _____ ride his two wheeler easily. ( can / may) ii) You ________ wear helmet. (Should / Might). iii)I _____ return the money by tomorrow. ( shall / would) iv) _____ you give me your book ? (can / May)​...
English, 11 months ago
I (write) this letter since morning correct tense...
English, 11 months ago
English Honeydew Class=8 poem extracts. ch=Geography lessons When the jet rose six miles high, it was clear the carth was round and that it had more sea than land. But it was difficult to understand that the man on the earth found. cause to hate each other, to build walls across cities and to kill. from the height,it was not clear why. Question/Answer 1Q: Who hate and kill each other? 2Q:...
Political Science, 11 months ago
बहुत ही सरल लेकिन भ्रामक पहेली। एक महिला एक दुकान से ₹350 का किराने का सामान खरीदती है। दुकानदार उसे शून्य लाभ के साथ सामान बेचता है। महिला उसे ₹2000 का नोट देती है। दुकानदार उस नोट से दूसरी दुकान से खुल्ले पैसे लाता है, अपने लिए ₹350 रखता है और महिला को ₹1,650 रुपये लौटा देता है। बाद में, दूसरी दुकान का दुकानदार 2000 रुपये का नोट लेकर आता है और कहता है कि यह एक नकली नोट है और अपने पैसे वापस...