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Recent questions tagged indemnity
1
answer
Which of the following correctly describes the role of the USDA in disasters?
asked
Jul 30, 2022
in
Education
by
voice
(
257k
points)
education
education-quiz
fema
livestock
danger
usda
disaster
risk-management
indemnity
emergency-loan
1
answer
The principle of indemnity in insurance means
asked
Oct 27, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
risk-management
indemnity
insurance-claims-process
loss
perils
employees
1
answer
Which clause or concept in insurance law provides that when an insurer indemnifies the insured for loss
asked
Oct 27, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
risk-management
insurance-law
insurer
indemnity
insurance-company
subrogation
1
answer
Underwriting might best be defined as
asked
Oct 27, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
risk-management
underwriting
direct-insured
indemnity
risk
1
answer
Policy holders are expected to pay premium on due dates, a period of 15-30 days is allowed as grace to make payment of
asked
Oct 3, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
insurance-business
policyholder
premium-insurance
grace-days
indemnity
1
answer
________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to
asked
Oct 3, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-quiz
insurance-business
insurer
subrogation
indemnity
contribution
1
answer
A marine insurance is a contract of _________.
asked
Sep 30, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurance-quiz
marine-insurance
contract-in-insurance
indemnity
1
answer
Which of the following insurance contract is not based on the Principle of Indemnity?
asked
Sep 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-business
contract-in-insurance
indemnity
fire-insurance
marine-insurance
life-insurance
1
answer
__________ principle in insurance mention the assured must have insurable interest in the life or property insured.
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurable-interest
subrogation
causa-proxima
indemnity
1
answer
The purpose of __________ are to hold the negligent person responsible for the loss and prevent the insured from
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
negligent-person
subrogation
causa-proxima
indemnity
1
answer
______________ principle means that the insured is not entitled to make a profit on his loss.
asked
Aug 14, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
loss-of-profits
subrogation
causa-proxima
indemnity
1
answer
The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers.
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
subrogation
contribution
co-insurance
indemnity
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