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"The insured must have an Interest in th...

"The insured must have an Interest in the subject matter of insurance. "Which principle of insurance is related to this statement ?

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Principle of Insurable Interest.
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Principles Of Insurance

"The cause for loss must be related to the purpose of insurance . "which principle of insurance is related to this statement?

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Fire Insurance

Life Insurance

Explain any three principle of Insurance with example .

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SUBHASH DEY-BUSINESS SERVICES -EXERCISE
  1. Under which of the following post a receipt is given by post office:

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  2. Which of the following can never dishonoured ?

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  3. Which of the following service of Bank permits withdrawal of money mor...

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  4. Which institute is called a Debtor as well as Creditor ?

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  5. To which insurance principle of Indemnity is not applicable ?

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  6. At what time the interest must be present in case of life insurance ?

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  7. Give full form of ATM.

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  8. What are the recent modes of communication ?

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  9. Which sevice provides protection from risk ?

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  10. Give two functions of e-banking.

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  11. Who can get an overdraft from a bank ?

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  12. Given one point of difference between private sector banks and public ...

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  13. To which insurance principle of Indemnity is not applicable ?

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  14. what is Hull insurance?

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  15. "The cause for loss must be related to the purpose of insurance . "whi...

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  16. "The insured must take care of his goods and other, for which insuranc...

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  17. "The insured must have an Interest in the subject matter of insurance....

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  18. Name the central bank of our country and which is the largest commerci...

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  19. "It is binding on both the parties of insurance to disclose all mater...

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  20. The insured should not be allowed to make any profit by selling damage...

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