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Answers by kk3575515
+1
vote
__________ is an amount in excess of the value of insurers assets over the amount of liabilities.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
insurers
liability
irda
insolvency
+1
vote
_________ is pricing of insurance products driven by market forces.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
insurance-products
tariffing
pricing
+1
vote
TAC stands for
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
tac
tac-full-form
insurance-advisory-committee
0
votes
In India, __________ controls and regulate the rates, advantages, terms and conditions that may be offered by
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
irda
tac
gic
lic-of-india
+1
vote
________ is a form of health insurance against loss by accidental bodily injury.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
health-insurance
property-insurance
marine-insurance
personal-insurance
janata-personal-accident-insurance
0
votes
Gross premium means Net premium plus ________.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
gross-premium
net-premium
profits-insurance
+1
vote
Intimation of Death is the information of death to the ________.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
intimation-letter
death-insurance
beneficiary
insurer
0
votes
A person who gains or benefits as per a contract is known as ______.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
contract-in-insurance
beneficiary
assurer
0
votes
An Exceptionally large risk is known as ________.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
risk
jumbo-risk
giant-risk
0
votes
The time frame for which an insurance policy provides coverage is known as ________.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
time-frame
insurance-policy
risk-coverage
policy-term
loan
0
votes
________ means a premium which remains unchanged through out the life of a policy.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
premium-insurance
life-insurance
gross-premium
insurance-policy
0
votes
________ is the total premium that a policy holder pays.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
premium-insurance
policy-holder
gross-premium
0
votes
The transit risk caused by fire is covered under ________ policy.
answered
Oct 8, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
insurance-policy
family-floater
transit-policy
0
votes
Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.
answered
Oct 7, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurable-interest
contract-in-insurance
fire-insurance
marine-insurance
property-insurance
life-insurance
0
votes
An insurance policy will be only if ________ is paid.
answered
Oct 7, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
insurance-policy
premium-insurance
0
votes
Taylor Tobacco Company is concerned that the company may be held liable in a court of law and forced to pay
answered
Oct 7, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
taylor-tobacco-company
moral-hazard
particular-risk
legal-drugs
0
votes
Bronson Company manufactures tools that it sells to wholesalers. Bronson is concerned that it may be unable to collect
answered
Oct 7, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
bronson-company
fidelity-guarantee-policies
credit-insurance
general-insurance
+1
vote
From the following, which is not an example of fundamental risk?
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
fundamental-risk
inflation
fire-insurance
+1
vote
Final accounts of Life Insurance Companies include
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
life-insurance
revenue-account
one-time-payment
+1
vote
From the following, which is a type of reserve in insurance business?
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
premium-insurance
0
votes
A health insurance should be
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
health-insurance
universal
+1
vote
From the following, which is a character of Life Insurance Services?
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
life-insurance
insurance-services
+1
vote
New Delhi is the head office of
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
national-insurance-company
oriental-insurance
united-india-insurance
+1
vote
________ are extra benefits under the policy.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
insurance-benefits
insurance-policy
riders
loans
+1
vote
An international code of ________ rules applied to Marine losses.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
marine-insurance
york-rule
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