Question
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at moderate cost?
Solution
In group insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at moderate cost.
More Insurance Awareness Questions
- Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underwrit...
- New India Assurance Co Ltd is a type of ?
- Which of these changes would typically require an endorsement?
- The first ULIP was launched by which of the following ?
- Funds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
- The ownership of the four erstwhile subsidiary companies and also of the General Insurance Corporation of India was vested with?
- An endorsement added to an insurance policy, or clause within a policy, that provides additional coverage for risks other than those in a basis policy is t...
- Rajiv Gandhi Stadium of which city will be upgraded as Khelo India State Centre of Excellence under the Khelo India Scheme?
- The insurance is listed in which schedule to the Constitution of India?
- “Prithvi, Agni, Jal, Akash, SabkiSurakshaHamarePaas” is the tagline of which insurance company?