Which of the following is not apin life insurance contract?
Conditional contract
Unilateral contract
Indemnity contract
None of the above
Answers
Answered by
0
Answer:
Indemnity contract
Explanation:
The contract of indemnity is defined as, " A contract where one party promises to save the other from the loss caused by the conduct of the promisor himself or by the conduct of any other party." In a life insurance contract, nobody can save the life of the person. Hence, contract of indemnity does not apply here.
Similar questions