Question
What is the liability of individuals, corporations, or
partnerships for accidents caused by people other than employees for whose acts or omissions the corporations or partnerships are responsible?Solution
Coverage for losses to a third party for which the insured is vicariously liable. Contingent liability can be assumed—for example, for losses arising from product or service failure, where the insurer has assumed liability by providing a performance warranty.
A motor insurance cover note is valid for how many days?
Which of the following is the benefit accrued to an insured for not making any claims during the previous policy period?
Losses other than property damage that occur as a result of physical loss to a business for example, the cost of maintaining key employees to help reorg...
The Vallarpadam Terminal, which is a container trans-shipment facility, was launched in February 2011. It is a part of which among the following ports?
The Union Cabinet has approved the extension of the term of ______ Law Commission of India up to 31st August 2024.
The Beating Retreat ceremony, held at Vijay Chowk in New Delhi on 29 January 2023, witnessed the country’s biggest Drone Show comprising ______ indige...
Who was the originator of calculating the Human Life Value for the insurance requirement?
The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
Which of the following countries has been ranked first in the rating of passports 'Passport Index 2022' published recently by Arton Capital?
The PradhanMantriVayaVandanaYojana (PMVVY) has been launched by?