Question
What is the name of the fixed airfare scheme launched by
the Government of India through Alliance Air?Solution
The government launched the “Fare Se Fursat” scheme under Alliance Air to offer fixed airfare rates for regional routes. The goal is to make air travel affordable by removing last-minute price hikes and to enhance regional air connectivity, especially benefiting middle- and lower-middle-income passengers.
Failure to disclose material facts can make the policy:
The first motor vehicle insurance policy was issued in the UK in:
Which type of risks are not insurable ?
What does "subrogation" mean in the context of insurance?
A policy that covers jewellers against various risks, including theft, robbery, and damage to jewellery, is:
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Which of the following is one who offers claims services on behalf of the insurer?
When we look at claims’ trends, we look at a number of factors. Some of these are listed below. Which factor is not to be considered from this list?
The 'Third-Party Liability' cover in a motor insurance policy is mandatory in India as per the:
What is the term used to describe the process of transferring a portion of risk to another insurer?