Question
What is the principle of indemnity in
insurance?ÂSolution
The insurer should compensate the insured for the actual financial loss suffered due to an unforeseen event or peril Explanation: The principle of indemnity requires the insurer to compensate the insured for the actual financial loss suffered due to an unforeseen event or peril, up to the amount of the sum insured.
Find the wrong number, in the given number series,
4, 10, 20, 40, 100, 250, 500
Find the wrong number in the given number series.
253, 542, 216, 579, 179, 620
21Â Â Â Â Â Â Â Â Â Â 32Â Â Â Â Â Â Â Â Â Â 54Â Â Â Â Â Â Â Â Â Â 86Â Â Â Â Â Â Â Â Â Â 131Â Â Â Â Â Â Â Â 186
...Find the wrong number, in the given number series,
24, 48, 88, 144, 224, 304
- In the given number series, find the wrong number.
3, 6, 12, 25, 48, 96, 192 Find the wrong number in the given number series.
32, 34, 38, 42, 49, 60
 -2, 0, 8, 32, 64, 66
768Â Â Â 2304Â Â Â 288Â Â Â 864Â Â Â 106Â Â Â 324
1137, 1138, 1142, 1151, 1185, 1310Â
0Â Â Â Â Â Â Â Â Â Â Â Â Â 7Â Â Â Â Â Â Â Â Â Â Â Â Â 26Â Â Â Â Â Â Â Â Â Â 63Â Â Â Â Â Â Â Â Â Â 126Â Â Â Â Â Â Â Â 215
...
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