Question
While in the market for a new smartphone, you start
reviewing the technical specifications provided on the Redmi's website. You then shift over to Samsung's website and begin reviewing a similar smartphone. However, you do not remember some of the information you just saw on Redmi's website. This is an example of:Solution
When the consumers do not remember all the information they see, read, or hear, even minutes after exposure to it is called selective retention.
What is an insurance to cover problems associated with travelling, generally including trip cancellation due to illness, lost luggage and other incidents?
The Insurance Institute of India (Regd.) formerly known as?
The principle of utmost good faith requires:
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
There is unlimited coverage to Third parties injury and Third party property damage is covered up to a sum of Rs ______.
Funds that a lender collects to pay monthly premiums in mortgage and home owners insurance, and sometimes to pay property taxes is called?
A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
If the same company's stock price fell to $2 per share while its EPS fell to $0.25, the P/E would fall to ____.
When a single insurance company offers both life and non- life insurance policies then what does it known as?
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
