Question
___________ is the liability arising from contractual agreements in which it is stated that some losses, if they occur, are to be borne by specific parties.
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 ________.
- Which of the following principles of Insurance enables the insured to claim the amount from the third party responsible for the loss?
- A contract between you and an insurance company in which you make a lumpsum paymentor a series of payments and in return obtain regular disbursements begin...
- The General Insurance Corporation of India was incorporated as a company in which year?
- El-Nino develops in which of these oceans?
- A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
- Which of the following does NOT form a part of “Book” price calculation?
- Who is responsible for investigating and settling claims?
- Insurance companies can have a exposure of to financial and insurance activities upto ____ of investment assets as per IRDAI.
- What is NOT an element of an insurance contract?
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