Question
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?Solution
The cash surrender value is the sum of money an insurance company pays to a policyholder or an annuity contract owner in the event that his or her policy is voluntarily terminated before its maturity or an insured event occurs.
Which of the following company is not a foreign insurance company?
In case of ambiguity in policy wording, which rule is applied?
What is the purpose of risk management for an insured?
What is an insurance purchased by a bank or creditor on an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it?...
_____________ is the only public sector company in the field of life insurance in India
The 'No Claim Bonus' can be lost if:
A survey which is held to determine a properties insurable value is known as?
Which is not a General Insurance company?
Which of the following insurance compensates for the cost of repairing or replacing defective products past the normal warranty period provided by manu...
A policy that covers financial losses due to delays in project completion caused by accidental damage is:
