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All Insurance is based on a principle called division of risk All insurance is based upon a principle called division of risk. This means simply that, if a loss to an individual or to several individuals is shared by a large number of individuals, the loss will not be an excessive burden on anyone.
All Insurance is based on a principle called - 7075851. vansh6322 vansh6322 11.12.2018 Economy Secondary ...
All insurance is based on a principle called what? Division of Risk. What is the principle called that all insurances are based on? Division of risk. What Composite Risk Management principle?
AnswerBot. ∙ 4mo ago. The 'all or nothing' principle states that a muscle fiber will either contract maximally or not at all when it receives a signal from the nervous system. This means that ...
The principle you're referring to is Mendel's Law of Independent Assortment, which states that alleles of different genes segregate independently of one another during gamete formation.
Click here 👆 to get an answer to your question ️ Insurance is based on the principle of farhanahs220 farhanahs220 17.12.2020
The concept you are referring to is called the principle of superposition in geology. It states that in an undisturbed sequence of rock layers, the youngest rocks are at the top and the oldest are ...
Best Answer. a person with AB blood group exhibits a genetic principle called " co-dominance " Explanation there are three genes responsible for the four human blood groups i.e. A, B, O and AB ...
Q & Ankits's warehouse was covered by a fire insurance policy of ₹10 lakhs. Two years back his warehouse caught fire he imidiately called the nearest fine station and started removing the goods from the warehouse in ouder to protect them from fire. he took all the reasonable steps to damage loss.
The fundamentals of the general insurance is a good topic for a short essay on the principle of insurance. Wiki User. ∙ 9y ago. This answer is: