The insurer should compensate the insured for the actual financial loss suffered due to an unforeseen event or peril Explanation: The principle of indemnity requires the insurer to compensate the insured for the actual financial loss suffered due to an unforeseen event or peril, up to the amount of the sum insured.
Who won the gold medal in the men's long jump event at the MVA High Performance 1 2023 athletics meet?
What is the total corpus of the AgriSURE Fund launched by the government?
According to the World Air Quality Report 2023 by Swiss organization IQAir, which Indian city is the most polluted metropolitan area in the world?
Which Indian financial regulator oversees the capital and commodities markets?
The recently discussed 'Democracy Report 2024' has been released by which of the following?
What is the new name of the ball released in FIFA World cup 2022 ?
Which Green reserve has topped the MEE (Management Effectiveness Evaluation) Index among the evaluated reserves in India?
Which international group adopted a framework document on climate and sustainable development during a forum held in Russia in August 2024?
Who has been appointed as India's next Comptroller and Auditor General (CAG)?
'Mahatari Vandana Yojana' was recently started by which state government?