(1)The person who enters into an insurance contract with insurer is called ( )
A. the assured
B. underwriter
C. broker
D. agent
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(2)The minimum amount insured should be the CIF value of the goods plus ( )
A. 40%
B. 30%
C. 20%
D. 10%
(3) Which of the following risks is not covered in FPA coverage?( )
A. general average
B. fire
C. war
D. salvage charges
(4) Which of the following risks is not covered in All Risks coverage? ( )
A. natural calamities
B. strike
C. fire
D. collision
Which of the following coverage does not cover partial loss or damage resulting from natural calamities.( )
A. WA
B. FPA
C. All risks
D. Institute Cargo Clause