The insurable interest of a mortgagor in the mortgage’s life is equal to the amount of
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- A suit to redeem or recover possession of immovable property mortgaged can be brought by the mortgagor with...
- A suit to redeem or recover possession of immovable property mortgaged can be brought by the mortgagor with...
- In case of mortgage, (a) the limitation period against the mortgager for personal liability is _____ years ...
- The following is not the example of Insurable Interest
- When is it essential for insurable interest to be present in case of life insurance?
- According to common law, when should insurable interest be present in a life insurance contract?
- As per IRDA norms, which of the following non-traditional saving life insurance products are permitted in I...
- A mortgage where, without delivering possession of the mortgaged property, the mortgagor binds himself pers...