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Start learning 50% faster. Sign in nowFunds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
All Risks Insurance is commonly used to cover:
Which of the following is NOT a factor considered in a "burning cost" analysis?
The Insurance Regulatory and Development Authority (IRDA) was established in:
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
What is the term used to describe the process of transferring a portion of risk to another insurer?
The maturity age of a whole life policy is?
What is the purpose of risk management for an insured?
The fixed income that one gets after the retirement is also known as ________.