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Some Tool is Nut (I) → Probable conclusion → All Nut may be Tool (A). Hence conclusion I follows. Only Tool is Screw → All Screw are Tool (A) and Screw cannot have any positive relation with anyone. Hence conclusion II does not follow.
The first motor vehicle insurance policy was issued in the UK in:
What is the term used to describe the process of transferring a portion of risk to another insurer?
In order to monitor and control solvency requirements, it has been made mandatory to the insurers to submit solvency report on _______ basis.
Which type of insurance policy provides additional coverage to easily movable property ?
In relation to insurance sector, what is the full form of FPR?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
Which of these changes would typically require an endorsement?
In case of an individual, the proposed shareholding in the paid up equity capital of the insurance company is capped at _____________ percent
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?
The first private health insurance company in India was: