Question
Under the Companies Act what is the notice period for
the purpose of calling a Board meeting which should be sent in writing to every director at his address registered with the company?Solution
Section 173. Meetings of Board: (3) A meeting of the Board shall be called by giving not less than seven days’ notice in writing to every director at his address registered with the company and such notice shall be sent by hand delivery or by post or by electronic means.
Third-Party Administrators (TPAs) are primarily involved in:
Third-Party Administrators (TPAs) are primarily involved in:Â
If you might want to discontinue the policy, and take whatever money is due to you. The amount the insurance company then pays is known as?
What is the main role of an insurance underwriter?
In a life insurance contract, the stated sum of money to be paid to the beneficiary upon the insured’s death is termed as?
The 'No-Claim Bonus' is a discount offered by insurers for:
__________ in insurance is the splitting or spreading of risk among multiple parties.
Which among these factors are considered by the insurance companies to calculate the premium of car insurance policies?
A survey to determine a property’s insurable value, or the amount of a loss is termed as?
Which of the following insurance is coverage for damage to a vessel or aircraft and affixed items?