Which of the following insurance contract is not based on the principle of indemnity.
A) Fire insurance
B) Marine insurance
C) Life insurance
D) All
Correct Answer:
Verified
Q7: The term 'Assurance' refers to _
A)Life Insurance
Q8: The central office of LIC of India
Q9: Under _ insurance, loss of profit policy
Q10: Health insurance can be availed by people
Q11: _ was the first Indian Insurance Company
A)Bombay
Q13: Marine insurance may cover loss or damage
Q14: When a banker collects cheques, dividend warrants,
Q15: Motor insurance provides insurance cover to
A)Private Vehicles
B)Commercial
Q16: Marine insurance may cover loss or damage
Q17: Hull insurance is a type of
A)Motor insurance
B)Fire
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