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Start learning 50% faster. Sign in nowSum of money for which an insurance cover is obtained, usually shown on the top sheet (face) of the policy. In life insurance, face amount is the sum paid on the policy's maturity date, on the death of the insured, or (if the policy terms permit) on his or her total disability
In respect of Life insurance and individual Health insurance policies, a free look cancellation period of ____days has been provided to provide sufficie...
As per the insurance act, early Death Claims can arise out of death during the first __________ policy years.
Which of the following is NOT a key expense considered in premium calculation?
The Insurance Act to govern both life insurance and non-life insurance was passed in which year?
A motor insurance cover note is valid for how many days?
The process of amending a policy during its term is known as:
What are the documents to be kept in the vehicle while driving in public places?
A method of permitting the final premium for a risk to be adjusted, subject to an agreed-upon maximum and minimum limit based on actual loss experience ...
Which feature is not allowed in the Indian insurance market?
The 'Insured's Declaration' form is typically filled by: