When more than one Insurance policy is taken to cover the same subject matter is called as __________

(a)

Double Insurance

(b)

Single Insurance

(c)

Re-Insurance

(d)

Spot Insurance

The person who agrees to compensate the loss arising from the risk is called as______________

(a)

insurer

(b)

assurer

(c)

underwriter

(d)

all the above

'Stepping the shoes on others' means _________ .

(a)

Subrogation

(b)

Contribution

(c)

nearest cause

(d)

indemnity

__________insurance is made for the duration of a particular voyage.

(a)

Liability

(b)

Voyage

(c)

Hull

(d)

Cargo 

It is feared that the private insurance companies would concentrate mainly on the______________ segment.

(a)

educated

(b)

rural

(c)

urban

(d)

specific

State the difference between Double Insurance and re-insurance?

What is Double Insurance?

What is 'Proximate cause'?

What do you mean by 'Surrender Value'?

State the essential elements of Marine Insurance Contract.

Define Insurance.

Give the meaning of Crop Insurance.

Write a note on IRDAI.

What is Fire Insurance? What are its features.

What is Life Insurance? What are its importance?

Explain the various types of Risks.

Explain any five types of Miscellaneous Insurance.

Briefly explain the Duties and Function of IRDAI:

What is General Insurance? What are the different types of general insurance?