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what is the term used for the amount payable to mr. Thomas if he chooses to discontinue with the contract
what is the term for the period he will be allowed to reinstate the contract
what is the sum assured for the policy
A life policy where the insured cannot make claim himself because the payment cannot be made in his life time is
The policy taken to cover loss of income that a business suffers when its facilities are closed due to a disaster is
To assess aviation risks, the underwriter would want to know the
A document used to provide evidence of insurance if the policy document is not imediately available is
A life insurance contract will be affected by failure to disclose?
Hazard in insurance means?
the sum assured is the value of the?
Ex-gratia payment is made where there is
A document used to alter the information contained in the schedule of a policy is?
features of insurable risk include?
(i) fortuity (ii) insurer (iii) utmost good faith (iv) financial value
A guarantee issue by an insurance company to support their client who is applying for a contract is
The principle of insurance that demands that the insured must stand to loss in the event of a loss before taking a policy is
An insurer will recover claims paid wrongly to an insured if
which of the following is a subject matter of insurance in fire policy
business interruption claims will only be settled if it is caused by?
surrender value is the amount payable if the insured
what is the proximage cause of the damage to the car