Get Started with ixamBee
Start learning 50% faster. Sign in now
The relationship between time and yield on a homogenous risk class of securities is called the Yield Curve. The relationship represents the time value of money - showing that people would demand a positive rate of return on the money they are willing to part today for a payback into the future. A yield curve can be positive, neutral or flat. A positive yield curve, is when the slope of the curve is positive, i.e. the yield at the longer end is higher than that at the shorter end of the time axis. These results, as people demand higher compensation for parting their money for a longer time into the future. A neutral yield curve is that which has a zero slope, i.e. is flat across time.
Which of these changes would typically require an endorsement?
A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
Under Pradhan Mantri Jeevan Jyoti Bima Yojana, the life coverage available until the age of ______.
A 'Cover Note' in motor insurance is:
Which of the term is the used when a policy has lapsed due to non-payment of premium?
Risks for which it is difficult for someone to get insurance is called?
What is the maximum sum assured in life micro insurance product?
The period during which the owner of a deferred annuity makes payments to build up assets is called?
Which of the following term is used when the loss is caused by two or more causes acting simultaneously or one after the other?
The 'Insured Declared Value' (IDV) of a vehicle refers to its:
