Question
A policy that is made mandatory for the customer to buy
is called?Solution
Compulsory insurance is any type of insurance an individual or business is legally required to buy. Compulsory insurance is mandatory for individuals and businesses that want to engage in certain financially risky activities, such as operating an automobile or operating a business with employees.
Which bank was recently authorized by RBI to undertake the government business on behalf of RBI?
Funds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
With the implementation of the 'National Green Hydrogen Mission,' India's Green Hydrogen production capacity is likely to reach at least ______ per annum
Who was appointed as the new Chairman of Insurance Regulatory and Development Authority of India (IRDAI) in August 2025?
 Which of the following government increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%?
The central office of the Life Insurance Corporation of India (LIC) is located at?
Which of the below cannot be an intermediary?
What is the grace period in case of monthly premium payment mode in insurance?
What is the purpose of "mitigation of loss"?
One of the methods of reducing insurance cost of an insured is __________.
