Question
If the policy is without average clause, a claim for
loss of profit will be?Solution
In policies without an average clause, the insurance company will typically pay the lower of the actual loss suffered by the insured or the sum insured amount. This helps prevent overcompensation and ensures that the claim amount is reasonable and aligned with the terms of the policy.
Protocol to send E-mail –
Which shortcut key is used to check spelling and grammar in MS Word?Â
The ability of an operating system to run multiple applications simultaneously is known as:Â Â
What kind of server converts IP addresses to domain names?
What is commonly used for presenting information in public spaces?
What technology is used to read pencil or pen marks on a multiple-choice answer sheet? Â
Which of the following is a feature of Windows Operating System?
Which layer of the OSI model is used for providing end-to-end error recovery and flow control?
Which of the following is a web browser?
In Microsoft Word 365, on which page is the header or the footer displayed by default?