The insurance claim for the goods damaged in the joint venture is credited to

Keep practicing — related questions

• When goods are taken over by a co-venturer, _______ account is credited.
• Goods which are purchased for the joint venture out of joint bank a/c, the amount is debited to
• If uninsured goods are destroyed by accident/fire, ____ account is debited.
• If there is any delay in settlement of claim within 30 days other than an early claim, the insurer has to p...
• The insurer’s right to reject a claim under a policy is subject to which of the following sections of the I...
• A non-early claim is a claim occurring after ______ of taking a policy of insurance.
• Directions: Choose the correct verb to fill in the blank. The claim ______ lying pending because the claima...
• Section 45 of Insurance Act, 1938 speaks about rejecting a claim after ______ of taking a policy.