Question
In case of ambiguity in policy wording, which rule is
applied?Solution
Explanation : The rule of "contra proferentem" is applied, which means any ambiguity in the policy wording will be interpreted against the insurer who drafted the policy.
The Insolvency and Bankruptcy Code, 2016 does not apply to________________
How are the assets of any insurer in India be kept as per the Insurance Act, 1938?
According to SEBI(DP) Regulations, 2018 No person shall, directly or indirectly, acquire or hold equity shares or voting rights of a depository unless...
A suit is instituted by:
In contributary negligence
What are the essentials of a will:
What is the primary purpose of the Hindu Marriage Act, 1955?
A firm shall___________ for wrongful acts of a partner.
According to the lease provisions, how is the day of commencement treated in computing the time?
What is the purpose of legal positivism?