Question
What is the term used to describe the process of transferring a portion of risk to another insurer?
More Insurance Awareness Questions
- How many part-time members is appointed by the Government of India in the Composition of IRDAI?
- A survey to determine a property’s insurable value, or the amount of a loss is termed as?
- An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known as...
- A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at th...
- A person who makes an insurance claim is called?
- The insurance in which risks are shared between multiple insurers is known as?
- ________________ is some amount of money will paid before insurance will pay 100% for an individual’s health-care expenses.
- New India Assurance Co Ltd is a type of ?
- Which one of the principles of insurance denotes a positive duty of the person seeking insurance to voluntarily disclose accurately and fully?
- In the context of insurance, what does "exposure" refer to?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)