Advertisements
Advertisements
प्रश्न
______ is a contract which the insurance company undertakes to indemnify for loss or damage caused due to accidental fire.
विकल्प
Life insurance
Marine insurance
Fire insurance
Health insurance
उत्तर
Fire insurance is a contract which the insurance company undertakes to indemnify for loss or damage caused due to accidental fire.
Explanation:
Fire insurance may be defined as a contract in writing whereby the insurance company in consideration of a sum of money (called premium) undertakes to indemnify the insured (owner of the property) for any loss or damage to the insured property or goods caused by accidental fire. A fire insurance policy is generally for one year.
APPEARS IN
संबंधित प्रश्न
Choose the Correct Answer.
______ is not a type of general insurance.
Give the meaning of crop insurance.
Write a short note on:
Fire Insurance
The concept of insured value is applicable only in case of ______ insurance.
Name the type of insurance which is not a contract of indemnity.
Falsification of records, alteration of figures and keeping two sets of accounts are examples of ______ fraud.
Distinguish between re-insurance and double insurance.
Discuss the importance of fire insurance.
Explain the meaning of marine insurance.
Distinguish between Insurance and Assurance.
