Question
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
More Insurance Awareness Questions
- A demand made by the insured, or the insured’s beneficiary, for payment of the benefits is known as?
- What is a typical generic question in an insurance proposal form?
- Which of the following is NOT a type of motor insurance policy?
- In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?
- _________ indicates the level of development of insurance sector in a country.
- As we know, the Government is paying much attention to “Micro Finance” these days. Which of the following is one of the examples of Micro Finance?
- An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
- Under which type of plans, the sum assured is paid at the end of the term as maturity or on the death of the insured during the term of the policy?
- The result of the policyholder’s failure to buy sufficient insurance is termed as?
- Process of transferring life insurance to another person is called _____ of policy.
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