Question
____________ is the ratio of the number of life insurance policy that lapsed within a given period to the number of policy in Force at the beginning of that period.
More Insurance Awareness Questions
- What is the abbreviation of ADB in insurance?
- An insurance cover that is linked with credit activities and aims to protect the credit is called?
- A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
- Gratuity is paid when an employee?
- A motor insurance policy can be cancelled by:
- In the context of insurance, what does "exposure" refer to?
- The period during which the owner of a deferred annuity makes payments to build up assets is called?
- The “Malhotra Committee” was established to:
- The Institute of Insurance and Risk Management (IRM) was founded in which of the following year?
- A policy that is made mandatory for the customer to buy is called?
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