The principle of insurance that demands that the insured must stand to loss in the event of a loss before taking a policy is

A guarantee issue by an insurance company to support their client who is applying for a contract is 

features of insurable risk include?

(i) fortuity (ii) insurer (iii) utmost good faith (iv) financial value

A document used to alter the information contained in the schedule of a policy is?

Ex-gratia payment is made where there is