Category: IC72 MOTOR INSURANCE EXAM – 30

Que. 1 : Q1) Indemnity under repair basis in motor insurance policy is strictly subject to:    1.  a) Depreciation as pre stipulation in the policy    2.  b) New for old as pure replacement    3.  c) Depreciation on full discretion of surveyor/insurer    4.  d) None of the above Que. 2 : Q2) The TAC has devised a standard format for submission of […]