Related InterviewSolutions

• Which one of the following is a type of marine insurance? (a) Money back (b) Mediclaim (c) Hull insurance (d) Cargo insurance
• Which of the following is not a function of insurance? (a) Lending Funds (b) Risk sharing (c) Assist in capital formation (d) Protection of life
• Which of the following in not applicable in insurance contract? (a) Unilateral contract (b) Conditional contract(c) Indemnity contract (d) Inter – personal contract
• The basic principle of insurance is ………(a) Insurable Interest (b) Co – operation (c) Subrogation (d) Proximate cause
• ……. is not a type of general insurance. (a) Marine Insurance (b) Life Insurance (c) Fidelity Insurance (d) Fire Insurance
• What do you mean by Cargo Insurance?
• What is Hull or ship insurance?
• ‘Stepping the shoes on others’ means ……… (a) Subrogation (b) Contribution (c) Nearest cause (d) Indemnity
• Write a note on IRDAI.
• List any five important type of policies.