Question
Before which date are insurers encouraged to involve
Bima Vahaks in every Gram Panchayat in India, according to the guidelines?Solution
The Guidelines nudge insurers to progressively engage Bima Vahaks in every Gram Panchayat in India before 31st December, 2024. The Guidelines will come into effect as and when IRDAI launches Bima Vistaar. The contours of the Bima Vahak distribution channel run parallel to those of the agent distribution channel.
Insurance penetration measures:
The operative clause in an insurance policy is also known as:
In case of an individual, the proposed shareholding in the paid up equity capital of the insurance company is capped at _____________ percent
Who is the chairman of 15th Finance Comission?
What is the maximum Time in which the insurer should settle a claim when all documents are submitted?
The role of a risk engineer in the insurance process is to:Â
Why do insurers arrange for survey and inspection of the property before acceptance of a risk?Â
Which of the following situation occurs when one party in a negotiation has relevant information the other party lacks.
The Insurance Regulatory and Development Authority (IRDA) was established in:Â
“Uberrimae fidei” or "uberrima fides" means -
