Question
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
More Insurance Awareness Questions
- If you might want to discontinue the policy, and take whatever money is due to you. The amount the insurance company then pays is known as?
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- Which of the following pools is managed by GIC?
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- _________is a sum of money paid by an employer to an employee for services rendered in the company
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- In a life insurance contract, the stated sum of money to be paid to the beneficiary upon the insured’s death is termed as?
- As per Rule 141 of Central Motor Vehicle Rules 1989, a certificate of Insurance is to be issued only in Form _____.
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