Question
An environment where insurance is plentiful and sold at
a lower cost, also known as a Buyer’s market is called?Solution
A soft market is a market that has more potential sellers than buyers. A soft market can describe an entire industry, such as the retail market, or a specific asset, such as lumber. This is often referred to as a buyer's market, as the purchasers hold much of the power in negotiations.
Which among the following banks is a subsidiary of the Life Insurance Corporation of India (LIC)?
Which of the following statements is false?
Which of the following term is not related with the Hazard?Â
Surf Excel, which is a 110+ year-old global brand, is a subsidiary of which company?
 Which of the following CANNOT be undertaken as a function by the India Post Payment Bank?
In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?
Which of the following insurance compensates for the cost of repairing or replacing defective products past the normal warranty period provided by manu...
Which feature is not allowed in the Indian insurance market?
Which of the following is insurable?
What does "subrogation" mean in the context of insurance?
