Under Nomination, the Nominee gets only the right to receive the policy money in the___________ of the policyholder
Under Nomination, the Nominee gets only the right to receive the policy money in the___________ of the policyholder
Insurance MCQs
Nomination can be done at the inception of the policy by providing details of nominee in the
Nomination can be done at the inception of the policy by providing details of nominee in the
Nomination can be done only by a _________ who is a major holding Policy Bond in his own name
Nomination can be done only by a _________ who is a major holding Policy Bond in his own name
The ________ has the right to receive the amount assured in the event of death of the insured
The ________ has the right to receive the amount assured in the event of death of the insured
__________ is the appointing of a nominee under the policy
__________ is the appointing of a nominee under the policy
__________ is the appointing of a nominee under the policy Read More »
__________ is a contract between the insurer and the insured under which the insurer undertakes to compensate the insured for the loss arising from the risk
__________ is a contract between the insurer and the insured under which the insurer undertakes to compensate the insured for the loss arising from the risk
_______ means those risks which involve a situation where there is a possibility of gain
_______ means those risks which involve a situation where there is a possibility of gain
_______ means those risks which involve a situation where there is a possibility of gain Read More »
Foreign equity participation is allowed in insurance sector up to a limit of ____percent
Foreign equity participation is allowed in insurance sector up to a limit of ____percent
Foreign equity participation is allowed in insurance sector up to a limit of ____percent Read More »
The expenses which do not vary with the amount of business written are called
The expenses which do not vary with the amount of business written are called
The expenses which do not vary with the amount of business written are called Read More »