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प्रश्न
Explain the following term/concept.
Marine Insurance
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उत्तर
Marine insurance policy gives protection against the losses on account of the dangers of sea. It may cover loss to vessels, cargo, passengers during marine transportation. The types of marine insurance policies are voyage policy, time policy, mixed policy, valued policy, blanket policy, port risk policy, composite policy, single vessel policy, fleet policy and block policy.
संबंधित प्रश्न
Explain the types of Life Insurance Policies?
_____________ policy covers all types of risks of a vessel while it is anchored at the port for a particular period of time.
The principle of ______ is not applicable to life insurance.
Study the following case/situation and express your opinion.
| Mr Jagan is a salaried person. He wants to take policy for his two children which assures them protection as well as completes their financial needs once they become major by age. |
- Suggest him a policy which can satisfy the requirements of his children.
- Who are beneficiaries of policy?
- In the above case which principle is involved?
Distinguish between Life Insurance and Marine Insurance.
State four life insurance policies?
Justify the following statement.
Principle of subrogation is applicable to all contracts of indemnity.
Explain marine insurance policies.
Explain the principles of insurance.
In ___________ policy subject matter is insured for specific voyage irrespective of time.
Correct the underlined word and rewrite the sentence.
The person who is protected against certain losses is known as insurer.
Explain the following term/concept.
Life Insurance
Find the odd one:
Distinguish between.
Life Insurance and Marine Insurance
Distinguish between Life Insurance and Fire Insurance.
Distinguish between.
Life Insurance and Fire Insurance
Life Insurance and Fire Insurance.
Distinguish between Life Insurance and Fire Insurance.
