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प्रश्न
The principle of ______ is not applicable to life insurance.
विकल्प
insurable interest
utmost good faith
indemnity
उत्तर
The principle of indemnity is not applicable to life insurance.
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संबंधित प्रश्न
Distinguish between the following:
Life insurance and Fire insurance
Explain the types of Life Insurance Policies?
In ________ policy, several ships belonging to one owner are insured under the same policy.
Answer in one sentence.
What is 'subject matter' in insurance?
Explain the following term/concept.
Insurance
State four life insurance policies?
Justify the following statement.
Principle of subrogation is applicable to all contracts of indemnity.
What is insurance?
Explain the principles of insurance.
Match the correct pairs.
| Group A | Group B |
| A. Sprinkler policy | 1. provides a regular percentage of the sum assured |
| B. Child insurance | 2. marketing |
| C. Money back policy | 3. demand made by insured to insurer for loss occurred due to mishap |
| D. Claim | 4. profit |
| E. Insurance | 5. proposal |
| 6. protection from financial loss | |
| 7. for voyage | |
| 8. ULIP | |
| 9. suitable for children | |
| 10. fire insurance |
Explain the following term/concept.
Life Insurance
Explain the following term/concept.
Fire insurance
Distinguish between Life Insurance and Fire Insurance.
What is Fire Insurance?
Distinguish between Life Insurance and Marine Insurance.
Distinguish between Life Insurance and Fire Insurance
