Question
_____ is a coverage up to specific limits for the cost of ransom or extortion payments and related expenses
More Insurance Awareness Questions
- Which of the following term is used when the loss is caused by two or more causes acting simultaneously or one after the other?
- What is the grace period in case of monthly premium payment mode in insurance?
- The Agriculture Insurance Company of India Limited was incorporated on?
- What is the purpose of "reinsurance treaties"?
- A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is:
- When a single insurance company offers both life and non- life insurance policies then what does it known as?
- A form of whole-life insurance with a predefined number of premiums to be paid is known as?
- A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as?
- Section 64VB requires what action for a policy to be effective?
- “Uberrimae fidei” or "uberrima fides" means -
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