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Explanation: “Social Security is a program of protection provided by society against the contingencies of modern life like sickness, unemployment, old age, industrial accident against which the individual cannot be expected to protect himself and his family by his own ability and foresightedness.” --Friedlander “By social security, we undertake a programme of protection provided by society against those contingencies against which the individual of small means cannot effectively provide by his own ability and foresight.” --International Labour Organization “Social security is an attack on five giants namely want, disease, Ignorance, Squalor and illness.” --Sir William Devergidge.
What is the ceiling of annual premium in a Micro Variable Insurance Product?
The 'No Claim Bonus' is calculated based on:
What is an insurance purchased by a bank or creditor on an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it?...
A policy that covers damage to neon signs is:
In which year, the Actuaries Act was passed by Indian government?
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers is termed as?
The first motor vehicle insurance policy was issued in the UK in:
What is the purpose of a declaration policy?
A form of whole-life insurance with a predefined number of premiums to be paid is known as?
A Mutual Fund’s SIP is essentially a staggered payment over a defined period of time with a defined contribution by the investors. What is the expansi...
