Question
Which instrument is used to determine the adulteration
of water content in milk?Solution
Lactometer measured density of milk, used to find out the amount of water in the milk. Generally it works on the principle of specific gravity of milk.
Who is responsible for investigating and settling claims?
Mortality Charge is the amount charged _____________ by the insurer
A method of permitting the final premium for a risk to be adjusted, subject to an agreed-upon maximum and minimum limit based on actual loss experience ...
Personal and business property coverage combining several types of property insurance in one policy is called?
Which is liability coverage for contents within a renter’s residence?
A Life insurance policy for which the cost is equally distributed over the term of the premium period, remaining constant throughout is called?
Which of the following term is used when the loss is caused by two or more causes acting simultaneously or one after the other?
Any such transaction, in which any property is transferred in the name of one person and payment is made by another person is known as?
Which of the following is NOT a peril covered under the Standard Fire and Special Perils Policy?
The amount which is payable by you during the premium paying term at regular intervals for a limited period as specified in the plan schedule is called?