Question
Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expires is termed as?
More Insurance Awareness Questions
- Which of the following is the first life insurance company in India?
- A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions is termed as?
- Which of the following is insurable?
- The Insurance Ombudsman was established to:
- Identify the scenario where a debate on the need for insurance is not required.
- General Insurance Corporation of India (GIC) was established in:
- IRDAI has the power to frame regulations under which of the following Section of the Insurance Act, 1938?
- What is the paid up capital of Life Insurance Corporation of India (LIC)?
- What are the assumptions about rates of investment earnings, mortality, turnover and distribution or actual ages at which employees are likely to retire?
- 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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