One of the principles of insurance is
...One of the principles of insurance is
consequential loss
fidelity guarantee
proximate cause
surrender value
Correct answer is C
Proximate cause is an insurance principle that refers to the first event, or first peril, in a series of events that cause damage in an insurance claim.
A major advantage of a cooperative society is that it? ...
To inform the buyer that the goods are in transit,the seller sends him? ...
A major reason why government regulate business activities is to? ...
The warehouse that is owned and controlled by the government is a? ...
The quickest and most accurate means of communication is ...
Which of the following is not an aid to trade? ...
When a company sells shares to existing shareholders at preferential rate, that is called? ...
Which holder receives interest? ...
Which of these is both merit and demerit in partnership? ...