Page 444 - IC38 GENERAL INSURANCE
P. 444

I. Surveyor Association of India
II. Surveyor Regulatory and Development Authority
III. Insurance Regulatory and Development Authority of India
IV. Government of India

Test Yourself 5
Which among the following documents is most likely to be requested while
examining a cyclone damage claim?
I. Coroner‟s report
II. Report from Fire Brigade
III. Police report
IV. Report from Meteorological Department

Test Yourself 6
Under which principle can the insurer assume the rights of the insured in order
to recover from a third party the loss paid under a policy?
I. Contribution
II. Discharge
III. Subrogation
IV. Indemnity

Test Yourself 7
If the insurer decides that a certain loss is not payable because it is not covered
under the policy then who decides on such matters?
I. Insurer‟s decision is final
II. Umpire
III. Arbitrator
IV. Court of Law

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