Question
What is the ratio of number of cars sold by X, Y and Z
in the 3rd Qtr. to the number of cars sold by V, W and Z in the 1stQrtr?Solution
No. of cars sold by X, Y and Z in the 3rdQrtr. = 25 + 75 + 100 = 200 No. of cars sold by V, W and Z in the 1stQrtr.= 25 + 100 + 250 = 275 Reqd. Ratio = 200: 275 = 8:11
In Insurance, CGL stands for?
What term applies to conditions that must be met before the insurer’s obligations arise?Â
What is the purpose of risk management for an insured?
What is an insurance purchased by a bank or creditor on an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it?...
What is the impact of inflation on premium calculations?
What does the term "insured" refer to in insurance?Â
What is the purpose of a consequential loss policy?
The Insurance Act to govern both life insurance and non-life insurance was passed in which year?
A policy that covers loss or damage to a shopkeeper's property and business interruption is:
The operative clause in an insurance policy is also known as: