The major determinant of fire insurance premium is the?
The major determinant of fire insurance premium is the?
type and structure of the property to be insured
usefulness of the property to the owner
owner of the property to be insured
extent of fire damage anticipated
Correct answer is A
The total value of your assets and building is the basic factor of the premium amount. The market value of the building and purchase value of all the contents are taken into consideration while calculating the premium amount.
Inventory control is an aspect of a ...
Which of the following is not a function of an entrepreneur? ...
Liquid capital in a business means the ...
Production ends when goods? ...
The agreed amount payable to a policy holder when the event insured against occurs is? ...
One of the determinants of choice of occupation is ______ ...
Industrial occupation does not involve the ...