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The value of the variate which is thoroughly representative of the series or the distribution as a whole is known as “central tendency” or the single value, which denotes the group of values. This single value may be mean, mode, median, geometric mean, and harmonic mean. These may be classified into Simple averages like mean, median, and mode and Special averages like geometric mean and harmonic mean.
A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions is termed as?
Event covered under insured’s policy agreement is called?
Section 39 of Insurance Act related with which of the following ?
The maximum foreign direct investment (FDI) allowed in Indian insurance companies is:
The fixed income that one gets after the retirement is also known as ________.
Which of the following pools is managed by GIC?
Which among the following principle states about the Individual who should be benefitted from the insured item?
In case of ambiguity in policy wording, which rule is applied?
Marine insurance certificates must always be:
What does the term "insured" refer to in insurance?
