Question
The principle of utmost good faith requires:
More Insurance Awareness Questions
- A person who makes an insurance claim is called?
- General Insurance Corporation of India (GIC) was established in:
- 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?
- IRDAI has the power to frame regulations under which of the following Section of the Insurance Act, 1938?
- What is NOT a common express condition in an insurance policy?
- _______ in the insurance industry involves an applicant gaining insurance at a cost that is below their true level of risk.
- Which of the following is NOT a factor that affects the premium of a motor insurance policy?
- Which one of the following does not belong to the main products of life insurance?
- If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
- What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
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