New Cracking SEBI General in 60 Days - Possible or Not?
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Question

Event covered under insured’s policy agreement is called?

A Product Liability Correct Answer Incorrect Answer
B Pure Risk Correct Answer Incorrect Answer
C Provisions Correct Answer Incorrect Answer
D Proximate Clause Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Proximate cause is a key principle of insurance and is concerned with how the loss or damage actually occurred and whether it is indeed as a result of an insured peril.

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