Start learning 50% faster. Sign in now
"Put off" means to postpone or delay. The CEO decided to delay the new marketing campaign due to budget constraints.
Policy that can be cancelled or have the premium s raised by the insurer on a specific anniversary date, subject to certain reasons written into the pol...
There is unlimited coverage to Third parties injury and Third party property damage is covered up to a sum of Rs ______.
What is the term used to describe the process of transferring a portion of risk to another insurer?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
What is the primary characteristic of a "soft market" in insurance?
Which of the following is an example of Broad Form Insurance?
A policy that covers the cost of repairing or replacing damaged boilers and pressure vessels is:
A 'Cover Note' in motor insurance is:
Written words in a policy take precedence over:
Insurance is primarily a method of: