Question
A document given to an applicant for life insurance
stating that the company’s acceptance is contingent upon determination of the applicant’s insurability is known as?Solution
Life insurance policy receipt issued upon payment of the first premium by an applicant. It makes the policy in force before the policy documents are issued, provided the applicant meets all requirements.is called conditional receipt.
In 2016 , First IPO launched by which insurance company ?
Personal and business property coverage combining several types of property insurance in one policy is called?
A type of insurance often used for high frequency low severity risks where risk is not transferred to an insurance company but retained and accounted f...
After a process of mergers among Indian insurance companies, how many companies were left as fully owned subsidiary companies of GIC?
Which of the following is an optional feature that can be added to a policy?
Insurance that indemnifies the owner of real estate in the event that his or her clear ownership of property is challenged by the discovery of faults i...
 In which of the following year the Insurance Amendment Act abolished Principal Agencies?
Which of the following is NOT a peril covered under the Standard Fire and Special Perils Policy?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
Which of these changes would typically require an endorsement?
