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Banking and Insurance MCQs and Notes
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Q 12. Which of the following insurance contract is not based on the principle of indemnity.
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Q 13. ________ was the first Indian Insurance Company
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Q 14. Health insurance can be availed by people aged between ______ and ______
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Q 15. Under ________ insurance, loss of profit policy is called as consequential loss policy
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Q 16. The central office of LIC of India is located at ________
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Q 17. The term 'Assurance' refers to ___________
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Q 18. In the case of life insurance, the principle of insurable interest operates
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Q 19. In case of life insurance, insurable interest should exist
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Q 20. Insurable interest is
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