31. Insurance Ombudsman is a Quasi judicial body established for speedy settlement of dispute in ............... ,............... and ............... manner
32. Extended coverage endorsements normally do not cover damage caused by
33. A type of insurance that has been around since the ancient Greeks and Romans is ...................insurance.
34. Which of the following is not the type of insurance:
35. Indemnity also means ...............according to the Collins Thesaurus
36. Which type of insurance protects the policyholder against loss or damage to a ship or its cargo on the high seas?
37. ...............is a corollary of the indemnity principle. It is ...............concept that legally differentiates insurance from gambling
38. according to ...............principle , life insurance can be affected on the lives of third parties provided the proposer has insurable interest in the third party
39. The doctrine of subrogation is the supplementary principle of ...............
40. Which statement is not true about a mutual insurance company?
MCQ Multiple Choice Questions and Answers on Risk Management
Risk Management Trivia Questions and Answers PDF
Risk Management Question and Answer
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