InsuranceGK.com – Amazing Insurance Facts
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Daily short insurance facts covering how insurance really works, claims realities, and common misconceptions — explained simply for learners and professionals.
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Q-5- Marine insurance is for one year or for a specified ________
Anonymous Quiz
8%
Loss
19%
Year
73%
Voyage
0%
None
Q-6- __________ refers to the right of an insurer to refuse admittance of the claim by the insured.
Anonymous Quiz
15%
Replication
69%
Repudiation
12%
Dufalication
4%
None
Q-1- ________ means closure or writing off the policy before its actual maturity
Anonymous Quiz
50%
Fore Closure
44%
Surrender
3%
Endorsement
3%
Cover note
Q-2- If the insured dies before the expiry of the term of the policy, is known as ________
Anonymous Quiz
8%
Surrender
19%
Fore Closure
14%
Death Policy
58%
Death Claim
Q-4- A marine insurance is a contract of _________
Anonymous Quiz
3%
Increment
79%
Indemnity
10%
Maturity
8%
None
Q-5- Which is not a subject matter of marine insurance
Anonymous Quiz
15%
Hull insurance
55%
Fire insurance
23%
Freight Insurance
8%
Cargo insurance
Q-6- __________ means the body or frame of the ship or vessel and its machinery.
Anonymous Quiz
79%
Hull
0%
Cargo
10%
Freight
10%
Voyage
Q-7- ________ means goods or commodities carried in a ship
Anonymous Quiz
4%
HUll
19%
Freight
77%
Cargo
0%
Wares
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