Miscellaneous Insurance IC-78 Exam Study Notes
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Under Section I of money insurance policy, the premium is charged at a rate permite on the estimated amount of transit.
Health details of the proposer are not required in the proposal form.
Fidelity guarantee covers the employer in respect of any direct financial loss which he may suffer as a result of employees dishonesty.
Fidelity guarantee business can be divided into commercial fidelity guarantees, court bonds and Government bonds.
Unlike other classes of business, fidelity guarantee policies stipulate time limit for discovery of losses.
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