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JC Insurance
Question | Answer |
---|---|
Application form for insurance | Proposal Form |
Person who calculates the premium | Actuary |
Person who calculates the damage | Assessor |
Principle which states that you can't make a profit from insurance | indembity |
Principle which states that you must benefit from the existence of the item being insured and suffer from its loss | insurable interest |
Principle that states that you must tell the truth when taking out insurance | utmost good faith |
amount you pay to be insured | premium |
the rules or terms of the insurance agreement | policy |
insurance against medical expenses | health insurance |