Question
Which of the following is not true about doctrine of
election?Solution
As per the provision of the Section 35 of the Transfer of Property Act, 1882, doctrine of election can be applied in a particular case only when certain conditions are fulfilled. "person professes to transfer property which he has no right to transfer" Election over a property is asked to be made to a person only when he holds a proprietary interest which are disposed of by the act of such professed transfer.
Market is a place of ______.
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at m...
A policy that covers loss or damage to a householder's property is:
Which feature is not allowed in the Indian insurance market?Â
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
What does the preamble of an insurance policy NOT typically include?
The 'Own Damage' cover in a motor insurance policy protects the insured against:
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