Multiple Choice
___________ is a policy in which the limits of the risks are determined by the place of particular voyage
A) Time policy
B) Valued policy
C) Voyage policy
D) Floating policy
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Property insurance may not include_<br>A)Burglary<br>B)Fidelity<br>C)Insolvency<br>D)Sickness
Q14: FPR means_<br>A)First Premium Receipt<br>B)Fourth premium receipt<br>C)First policy
Q15: _is a contract against injury or death
Q16: A marine insurance is a contract of_<br>A)Increment<br>B)Indemnity<br>C)Maturity<br>D)None
Q17: If more than one person claim the
Q19: _policy is issued to cover the risks
Q20: _means closure or writing off the policy
Q21: Marine peril is also called as_<br>A)Morale hazards<br>B)Moral
Q22: If the insured dies before the expiry
Q23: _ is an agreement whereby the insurer