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Start learning 50% faster. Sign in nowTerm Insurance is a type of insurance policy that provides coverage for a specific period of time, typically ranging from 5 to 30 years. In the event of the policyholder's death during the term of the policy, the insurer pays a death benefit to the beneficiaries named in the policy. Term insurance policies do not provide any returns or benefits on maturity, and are mainly intended to provide financial security to the policyholder's family in case of an untimely death. Hence, option A is correct.
A mortgages a piece of land to B and later on builds a house thereon, which of the following conditions is applicable?
The President shall be ________
Under what circumstances can any authority authorized by the Central Government detain an aircraft, as per the Aircraft Act?
Which of the following definitions accurately describes a "Member" as per FEMA?
As per Chhattisgarh Land Revenue Code 1959, who shall make the assessment of "Land Revenue” on all lands on which the assessment has not been made?...
What does the term Lok Adalat mean?
Under Negotiable Instrument Act 1881, a negotiable instrument may be negotiated
Facts not otherwise relevant if support or are inconsistent with opinion of experts,
When was the Motor Vehicles Act enacted and when did it come into force?
As per the Motor Vehicles Act any person who is not disqualified for driving a motor vehicle may apply to any of the licensing authority in the State___...