Question
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underwriting component is called?
More Insurance Awareness Questions
- 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 ________.
- The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
- A policy that covers the cost of repairing or replacing plate glass is:
- The 'Insured's Declaration' form is typically filled by:
- A Life insurance policy for which the cost is equally distributed over the term of the premium period, remaining constant throughout is called?
- What is the difference between a "condition" and a "warranty" in an insurance policy?
- _______________ is not an indicator of service quality.
- Who determines the third-party insurance premium of the two-wheelers?
- In which date the President of India gave his assent to the Insurance Regulatory and Development Authority Bill?
- What is the primary purpose of reinsurance?
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