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प्रश्न
Answer in one sentence.
What is 'subject matter' in insurance?
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उत्तर
Subject matter refers to the subject or entity i.e life, property, cargo or ship, etc. which is insured against which the policy is taken.
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संबंधित प्रश्न
Distinguish between the following:
Life insurance and Fire insurance
Correct the underlined word and rewrite the following sentence.
Insurance helps to maximize the risks in the business.
Mr. Amit is a businessman. He has his own factories in Pune and Nashik. He lives in Pune with his wife and 2 daughters aged 5 and 8 years.
- Can Mr. Amit take a life insurance policy for his wife and 2 children?
- Can Mr. Amit take a marine insurance policy for his factories?
- Which type of insurance should Mr. Amit take for protecting his factories from loss due to fire?
Justify the following statement.
Principle of subrogation is applicable to all contracts of indemnity.
What is insurance?
Explain the principles of insurance.
In ___________ policy subject matter is insured for specific voyage irrespective of time.
Match the correct pairs.
| Group A | Group B |
| A. Sprinkler policy | 1. provides a regular percentage of the sum assured |
| B. Child insurance | 2. marketing |
| C. Money back policy | 3. demand made by insured to insurer for loss occurred due to mishap |
| D. Claim | 4. profit |
| E. Insurance | 5. proposal |
| 6. protection from financial loss | |
| 7. for voyage | |
| 8. ULIP | |
| 9. suitable for children | |
| 10. fire insurance |
Correct the underlined word and rewrite the sentence.
The person who is protected against certain losses is known as insurer.
Distinguish Between:
Fire Insurance and Marine Insurance
Distinguish between Life Insurance and Marine Insurance.
Distinguish between.
Life Insurance and Marine Insurance
Distinguish between.
Life Insurance and Fire Insurance
Life Insurance and Fire Insurance.
Distinguish between Life Insurance and Fire Insurance.
Distinguish between Life Insurance and Fire Insurance
Distinguish between LIfe insurance and Fire insurance.
Distinguish between Life Insurance and Fire Insurance.
