Any event that causes a loss and which may be included or excluded in an insurance policy is known as:
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- Which of the following is applicable when the loss is the result of two or more causes?
- Chance of loss is referred to as _________.
- Occurrence of ___ has to be ___ and not a ____ of the insured person.
- Study the below given data table and answer the following question. | Division / Standard | Boys | Girls | ...
- The ratio of losses suffered to the amount of insurance in effect is known as
- Proximate cause refers to the ________ cause which set(s) in motion a chain of events producing loss.
- Which of the following statements is/are false? I. Policy decisions in an insurance organization mean decis...
- _______ may deal with more than one life insurance company or general insurance company or both.