Category: IC01 PRINCIPLES OF INSURANCE – 22

Que. 1 : Q1) The total of the actual loss and the consequential loss is known as the ______________.    1.  a) Maximum Possible Loss    2.  b) Minimum Possible Loss    3.  c) Probable Maximum Loss    4.  d) Maximum Probable Loss Que. 2 : Q2) A proposer for an insurance policy who has previously made fraudulent insurance claims would be classed by an […]