No town is a village (E) + All villages are cities (A) → Some cities are not towns (O*). Hence conclusion I does not follow. Some states are towns (I) + No town is a village (E) → Some states are not villages (O) + All villages are cities (A) → No conclusion. Hence conclusion II does not follow. All villages are cities (A) → Conversion → Some cities are villages (I). Hence conclusion III follows.
A policy that covers the cost of repairing or replacing plate glass is:
A type of insurance often used for high frequency low severity risks where risk is not transferred to an insurance company but retained and accounted f...
Which of the below option best describes the process of insurance?
What is the purpose of a consequential loss policy?
Which type of insurance policy provides additional coverage to easily movable property ?
What is the purpose of a risk survey in underwriting?
The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?
Which of the following is NOT a duty of the insured in case of a loss?
What is the purpose of "reinsurance"?
Who is a good endorser for life insurance?