Premium
sum insured
contribution
compensation
Correct answer is A
No explanation has been provided for this answer.
indemnity
insurable interest
Proximate cause
Utmost good faith
Correct answer is C
No explanation has been provided for this answer.
Insurable interest
Contribution
Utmost good faith
Subrogation
Correct answer is C
No explanation has been provided for this answer.
on which the amount is written only in figures
which has no name
which can be cashed over the counter
which has no specific amount written on it
Correct answer is C
No explanation has been provided for this answer.
Which of the following is referred to as the oldest form of insurance?
Marine insurance
Burglary insurance
Whole life insurance
Accident insurance
Correct answer is A
No explanation has been provided for this answer.