Question
Which of the following two chemical reactions are
involved in the corrosion of the iron metal?Solution
Corrosion is defined as the chemical or electrochemical degradation of metals due to their reaction with the environment. The corrosion of ironknown as rusting, is an oxidation-reduction process that destroys iron objects left out in open, moist air. When iron metal is exposed to oxygen and water, a familiar result is observed-rust.Combining the oxidation and reduction half-reactions gives the balanced chemical equation for the overall reaction of iron, oxygen, and water.
What is the purpose of "excess" in an insurance policy?
An excess is another word for:
In 1818, India’s first insurance company Oriental Life Insurance Company was established in which city?
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
Which of the following is NOT a key step in the underwriting process?
A policy that covers the cost of repairing or replacing plate glass is:
Which type of policy is offered by an insurer for covering jewellery?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
A single insurance policy that combines several coverage previously sold separately is termed as?
What is the Fee paid to an agent or insurance salesperson as a percentage of the policy premium?