Question
What is the liability of co-surities bound in different
sum as per the Contract Act?Solution
Liable to pay equally as far as the limits of their respective obligations permit, Explanation: Section 147. Liability of co-sureties bound in different sums: Co-sureties who are bound in different sums are liable to pay equally as far as the limits of their respective obligations permit.
Mortality Charge is the amount charged _____________ by the insurer
What do you mean by money back policy in insurance?
A 'Roadside Assistance' cover in a motor insurance policy provides:
Which feature is not allowed in the Indian insurance market?
Section 39 of Insurance Act related with which of the following ?
Intangible assets cover non-physical assets that cover ________________.
The Insurance Regulatory and Development Authority (IRDAI) was formed on the recommendation of which committee?
A retrocessionaire is:
The “Malhotra Committee” was established to:Â
Which among the following is not a characteristic of ethical behaviour?Â
