Question
All agreements are not contract if it
is________________Solution
Section 10. What agreements are contracts: All agreements are contracts if they are made by the free consent of parties competent to contract, for a lawful consideration and with a lawful object, and are not hereby expressly declared to be void. Nothing herein contained shall affect any law in force in India and not hereby expressly repealed by which any contract is required to be made in writing or in the presence of witnesses, or any law relating to the registration of documents.
What are moral hazards in underwriting?
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?Â
Selling insurance through groups is called?
_______ is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging.
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
Life Insurance Corporation of India provides its policy holders the facility to deposit premium at which of the following intervals?
Which country is the first in the world to introduce the concept of Insurance Repository services?
Which among the following is the oldest existing insurance company in India?
The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
Relevant for Exams:
