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प्रश्न
Choose the Correct Answer.
The basic principle of insurance is ________
पर्याय
Insurable Interest
Co-Operation
Subrogation
Proximate causa
उत्तर
The basic principle of insurance is Insurable Interest.
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संबंधित प्रश्न
______ means a promise to compensate in case of loss.
The insurer is liable for insured perils only and not for unexpected uninsured ones. This is the principle of ______.
Identify the principle of insurance based on the given information.
- The insured must be benefitted by the existence of the insured object and must suffer a loss by its destruction.
- It is the financial interest of the insured in the subject matter of insurance.
Name the principle of insurance under which the insurer stands in place of the insured after settlement of claim in relation to the insured property.
Uberimmae fidae, the principle of insurance means ______.
What is insurable interest?
Briefly explain the principle of Utmost good faith of insurance?
Distinguish between Principle of Indemnity and the Principle of Insurable Interest.
"Insurance is a contract of indemnity." Explain.
Is insurable interest necessary in all insurance contracts?
