Wednesday, December 12, 2007

Property and Liability Insurance - 3

  • Principle of ________ arises if the same subject matter is insured with two or more insurers.
    Contribution
  • How does a Civil Liability arise?By tort , By murder , By contract
  • Permanent Total Disability Cover' is available under Cattle Insurance by additional premium.True
  • ________ insurance takes care of properties like money, plate glass, cattle, television etc.Miscellaneous
  • Householder policy is issued for :-Residence
  • The most effective and powerful cause which has brought out the loss is called ________ cause.Proximate
  • The legal duty of utmost good faith arises under :-Common law
  • When dispatch is at carrier's risk, ________% discount is allowed on applicable rates.10
  • Third party liability cover under MCE Policy isUpto Rs. 1 Crore
  • A Surveyor is required for assessing the losses exceeding Rs. ________.20000
  • Which of the following are exclusions to EEI policy ?Hailstorm , Malicious damage' , Aesthetic defects
  • Long term policies discount is available under cattle insurance.True
  • The total sum insured under section I A i.e. building and B contents of shopkeeper's policy should not exceed Rs.________/-.10, 00,000
  • What does Liability Insurance comprise of?Product liability policy , Public liability policy , Employers liability (Workmen Compensation) policy
  • Cattle insurance does not cover claim within fifteen days from date of risk covered.True
  • Following policies are issued under Engineering department :-Errection All Risk , Boiler Explosion , Electronic Equipment
  • In Fidelity guarantee under Shopkeeper insurance, the sum insured is ________ of the sum insured under section 1 or Rs.100000 whichever is less.0.1

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