Are you looking for the correct answer to the question “Insurance is a contract whereby the:”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
Insurance is a contract whereby the:
Options
A) Insurer pays a monthly premium to the insured
B) Insured indemnifies the insurer against loss
C) Insured pays no consideration
D) Insurer indemnifies the insured against loss
Answer: D) Insurer indemnifies the insured against loss
The above question Insurance is a contract whereby the:, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
