Question
Law of Limitation is based on the maxim-
Solution
The law protects only those who are vigilant and not sleeping over their rights. This is the meaning of maxim- Vigilantibus Non Dormientibus Jura Subvenient. This is the basic maxim on which law of limitation rests. Â
Which among the following is an accidental insurance scheme?
Which principle specifies an insured should not collect more than the actual cash value of a loss?
Which bank becomes the first bank to set up a wholly-owned non-life insurance company?
Which country is the first in the world to introduce the concept of Insurance Repository services?
In Insurance, CGL stands for?
The Insurance Regulatory and Development Authority (IRDA) was established in:Â
Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?
Which type of insurance policy provides additional coverage to easily movable property ?
Which of the following is NOT a factor that affects the premium of a motor insurance policy?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
