List the principles of insurance. | Class 11 Business Studies Chapter Business Services, Business Services NCERT Solutions

Question:

List the principles of insurance.

Answer:

Utmost good faith
Insurable interest
Indemnity
Proximate cause
Subrogation
Contribution
Mitigation

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Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 2: List the principles of insurance.....

List the principles of insurance. | Class 11 Business Studies Chapter Business Services, Business Services NCERT Solutions

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