Question
How do you approach risk-taking in your
life?Solution
The way one approaches risk-taking can have a significant impact on their life. The correct approach can lead to opportunities for growth and success, while the wrong approach can lead to negative consequences. Option (a), taking calculated risks with careful consideration, is generally the best approach to risk-taking. This involves weighing the potential benefits and drawbacks of a situation and making an informed decision. Option (b), avoiding risks altogether, can limit one's growth and prevent them from taking advantage of opportunities. Option (c), embracing risks and uncertainty, can be reckless and lead to negative consequences. Option (d), taking risks impulsively and without much thought, can be dangerous and lead to regret.
Which of the following is not the characteristics of price positioning?
_________is a sum of money paid by an employer to an employee for services rendered in the company
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
The role of a risk engineer in the insurance process is to:
What is meant by customer lifetime value?
A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as?
The General Insurance Corporation of India was incorporated as a company in which year?
An adjustable life insurance under which premiums and coverage are adjustable, company’s expenses are not specifically disclosed to the insured but a ...
A form of liability insurance providing coverage for negligent acts and omissions such as workers compensation, errors and omissions, fidelity, crime, ...
Which act was the first legislation governing all forms of insurance to provide strict state control over insurance business?
