Question
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 ________.Solution
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 Contingent Beneficiary.
Which of the following is an example of a variable charge in a business?
“Prithvi, Agni, Jal, Akash, SabkiSurakshaHamarePaas” is the tagline of which insurance company?
Who is a good endorser for life insurance?
What is the purpose of "co-insurance" in an insurance policy?
How much Foreign direct investment (FDI) is allowed in Insurance Repository?
A policy that covers the loss of profits due to damage to machinery is:
_____ is the length of time after a premium is due and unpaid during which the policy, including all riders, remains in force.
A Life insurance policy for which the cost is equally distributed over the term of the premium period, remaining constant throughout is called?
Identify the scenario where a debate on the need for insurance is not required.Â
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?