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The working of a hydraulic press is based on Pascal's law, which states that any change in pressure applied to an enclosed fluid is transmitted undiminished to all portions of the fluid and to the walls of its container. This principle allows a small force applied to a small piston to generate a much larger force on a larger piston.
In a "hard market," what typically happens to insurance premiums and coverage?
In case of an individual, the proposed shareholding in the paid up equity capital of the insurance company is capped at _____________ percent
Insurance is listed in which schedule of the Indian constitution ?
The “Malhotra Committee” was established to:
As per current norms in India, what is the maximum limit of No Claim Bonus (NCB) in percentage?
In India _______________ insurance is mandatory.
Which of the following is not the characteristics of price positioning?
A standing agreement between insurers and reinsurers. Under a treaty each party automatically accepts a specific percentage of the insurer’s business ...
The process of determining the cost of an insurance policy based on the actual loss experience determined as an adjustment to the initial premium paymen...
________________ is some amount of money will paid before insurance will pay 100% for an individual’s health-care expenses.
