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Admitted insurance is insurance purchased from an insurance company that has been formally admitted or licensed to operate by the state insurance agency where the company operates. Admitted insurance companies are subject to various state laws that govern organization, capitalization, policy forms, rate approvals and claims handling, whereas non-admitted insurance companies are not subject to these regulations.
Insurance companies that band together as self-insurers and form an organization that is chartered and licensed as an insurer in at least one state to h...
A contract between you and an insurance company in which you make a lumpsum paymentor a series of payments and in return obtain regular disbursements be...
A property or liability insurance contract in which all risks of loss are covered is called?
Which of these changes would typically require an endorsement?
How much Foreign direct investment (FDI) is allowed in Insurance Repository?
What is the purpose of a declaration policy?
The operative clause in an insurance policy is also known as:
Which of the following is the benefit accrued to an insured for not making any claims during the previous policy period?
Funds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
What is the CRISIL rating for New India Assurance Co Ltd ?
