Insurance and Risk Management Online MCQ Set 3

QN01. When the subject matter insured is destroyed wholly refers to ______________. Partial loss Actual total loss Constructive total loss Maximum loss Answer(B)Actual total loss QN02. Marine perils is also called as ______________. Perils of the Sea Moral Hazards MarineClause Marinelaws Answer(A)Perils of the Sea QN03. ______________ is a document which provides evidence of the…

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