Question
What is the purpose of a deductible in an insurance
policy?Solution
Deductibles are a portion of the loss that the insured is responsible for paying. They help to: Discourage the filing of small, insignificant claims. Encourage the insured to take precautions to prevent losses, as they will bear the initial cost of any claim. Reduce premiums for the insured.
What is the minimum duration that a trading plan must cover as per the provisions of SEBI (Prohibition of Insider Trading) Regulations?
What is the maximum period for which security for good behaviour from habitual offenders can be demanded by a magistrate?
What must a party do if they intend to challenge an arbitrator and there is no agreement on the matter?
A Decree for restitution of conjugal rights can be executed by which of the following modes?Â
A Supreme Court Judge cannot be removed from his office withoutÂ
The Supreme Court judgment Tejinder Singh v. State of Punjab (2013) addressed the admissibility of extra-judicial confessions. The Court established imp...
Whether testimony of accomplice witness requires corroboration?
A re-examination of a case for lack of jurisdiction made by a higher court is?
What are Eligible Companies as per the Companies Act?
Intentional omission to give information of offence by a person legally found to inform is dealt under section: