Direct or Consequential losses refer to _________
A) Dynamic risk.
B) Particular risk.
C) Property risk.
D) Pure risk.
Correct Answer:
Verified
Q9: Premium of a policy is calculated on
Q10: "Human life is an income generating asset".
Q11: Maximum period of a policy in case
Q12: The business of insurance is related to
Q13: _ is concerned with the conversion of
Q14: _ involved those losses that occur even
Q15: Fundamental risk is also termed as _
A)Particular
Q16: Unemployment, war, inflation, earthquakes etc., are the
Q17: Any risk involved a situation where there
Q19: Spreading of risk otherwise termed as _
A)Shifting
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