is a clause or condition that is added on to a basic policy providing an additional benefit, at the choice of the proposer. O a. Loading O b. Rider O c. Loading O d. Endowment Which of the following is NOT a reason why reinsurance is purchased? O a. Reinsurance may provide underwriting guidance. O b. Reinsurance stabilizes loss experience. O c. Reinsurance increases underwriting capacity. O d. Reinsurance reduces the number of claims incurred. Which of the following is not covered under the 'Contract of Indemnity? O a. Life insurance O b. Marine insurance O c. Theft insurance O d. Fire insurance The basic insurance gave the Babylonian traders protection against f O a. Theft O b. Loss of human values O c. Loss of cargo O d. Fire Which of the following statement(s) is/are true concerning Principle of Insurance? - 1) subrogation means substituting one debtor for another. / 11) Principle of indemnity is a corollary of the principle of contribution. O a. Il only O b. I only O c. Neither I nor || d. Both I and