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Transfer of Property Act Section 72. Rights of mortgagee in possession—A mortgagee may spend such money as is necessary— (b) for the preservation of the mortgaged property from destruction, forfeiture or sale; (c) for supporting the mortgagor's title to the property; (d) for making his own title thereto good against the mortgagor; and (e) when the mortgaged property is a renewable lease-hold, for the renewal of the lease.
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
An adjustable life insurance under which premiums and coverage are adjustable, company’s expenses are not specifically disclosed to the insured but a ...
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
Which type of policy is offered by an insurer for covering jewellery?
____________ is the ratio of the number of life insurance policy that lapsed within a given period to the number of policy in Force at the beginning of...
The contractual term for the premium in an insurance contract is known as:
The role of a risk engineer in the insurance process is to:
Which act was the first legislation governing all forms of insurance to provide strict state control over insurance business?
Machinery Breakdown insurance covers:
A form of whole-life insurance with a predefined number of premiums to be paid is known as?