Question
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
More Insurance Awareness Questions
- IRDAI has introduced the concept of insurance repository in the year_____.
- The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
- What is the role of an actuary in the insurance industry?
- Which of the following does NOT form a part of “Book” price calculation?
- Funds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
- What is the difference between "reinsurance" and "co-insurance"?
- What is the liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the cor...
- when a company has declared that there will be a dividend in the future but has not yet paid it out, it is known as?
- A motor policy is usually valid for a period of ____ year and has to be renewed before the due date.
- What is the purpose of a deductible in an insurance policy?
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