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The features of Zero Risk are: (i) It does not have any uncertainty with it (like in case of bonds as interest is known) (ii) There is no variation in net cash flow, (like in case of term deposits) (iii) Return on such investment would be lower (like in Govt bonds)
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
Under Pradhan Mantri Jeevan Jyoti Bima Yojana, the life coverage available until the age of ______.
Which of the following company is not a foreign insurance company?
Which is used to determine the actual cash value of property at time of loss?
What is NOT a common express condition in an insurance policy?
Process of transferring life insurance to another person is called _____ of policy.
The Institute of Insurance and Risk Management (IRM) was founded in which of the following year?
One of the methods of reducing insurance cost of an insured is __________.
