Exam (elaborations)
Takaful : Underwriting and Claims Management Questions And Answers Rated 100% Correct!!
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Principles of Insurance that can be applied to takaful - Answer-(1) permissible takaful interest (insureable interest) (2) utmost good faith (3) indemnity (4) subrogation (5) contribution (6) proximate cause. Underwriting - Answer-Sign and accept liability under an insurance policy, thus guarant...
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