Question
Which term refers to the permanent termination of
employment due to economic or operational reasons?Solution
Retrenchment involves the permanent termination of employment due to reasons such as downsizing, restructuring, or business closure.
Commercial coverage against losses resulting from the failure of business debtors to pay their obligation to the insured, usually due to insolvency is t...
Legal responsibility of a fiduciary to safeguard assets of beneficiaries is termed as?
Which of the following term is not related with the Hazard?Â
In case of ambiguity in policy wording, which rule is applied?
Written words in a policy take precedence over:
In which year New India Assurance Co Ltd nationalized?
Risks for which it is difficult for someone to get insurance is called?
In India, insurance has a deep-rooted history. It finds mention in the writings of?
In 1818, India’s first insurance company Oriental Life Insurance Company was established in which city?
Insurance is, thus, a financial tool specially created to reduce the financial impact of unforeseen events and to create______.
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