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Answers by kk3575515
+1
vote
LIC Housing Finance Ltd. was incorporated on ________.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
lic-of-india
housing-finance
lic-establishment
0
votes
________ is a plan designed for businessmen and professionals as money is available periodically.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
jeevan-saathi
professional
0
votes
Health insurance can be availed by people aged between ______ and ______.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
health-insurance
people
life-insurance
0
votes
________ is also known as all risk policy.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
risk-policy
family-floater
0
votes
The current ratio measures the ________ position of an insurance policy.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
insurance-policy
insolvency
0
votes
________ is also termed as group risk.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
group-risk
fundamental-risk
static-risk
property-insurance
0
votes
Under ________ insurance, loss of profit policy is called as consequential loss policy.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
finanacial-consequences
marine-insurance
property-insurance
+1
vote
The central office of LIC of India is located at ________.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
lic-of-india
lic-head-office
lic-mumbai
+1
vote
The risk of individuals and families are cored under ________.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
risk
personal-insurance
property-insurance
liability
0
votes
Medical expense insurance is also known as ________.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
medical-insurance
personal-insurance
liability
medi-claim
+1
vote
The scope of protection provided under the contract of insurance is ______.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
contract-in-insurance
risk-coverage
contribution
+1
vote
When a company reinsures its liability with another, then it ________ business.
answered
Oct 6, 2021
in
Finance
finance
finance-quiz
finance-question
insurance
insurance-quiz
insurance-business
reinsurance
liability
cession
+1
vote
Policy holders are expected to pay premium on due dates, a period of 15-30 days is allowed as grace to make payment of
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
policyholder
premium-insurance
grace-days
indemnity
+1
vote
From the following, which is not a type of Public Liability Risk Insurance?
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
public-rule
builder-risk-insurance
industrial-risk
+1
vote
An unlooked mishap or an untoward event which is not expected or designed
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
untoward-event
risk
accident-caused
+1
vote
________ is the property saved from loss.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
property-insurance
profits-insurance
salvage
jettison
+1
vote
________ is a package policy which provides protection against a number of separate points.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
package-policy
perils
peril-policy
+1
vote
The cause of a possible loss, such as fire windstorm theft etc. is known as ______.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
possible-loss
windstorm
perils
barratry
+1
vote
The main cause of loss or damage is _____________.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
probability-damage-loss
causa-proxima
indirect-loss
+1
vote
__________ provides evidence of insurance to the police and Registration Authorities under Motor Vehicle Act.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
endorsement
insurance-policy
cover-note
+1
vote
The term 'Assurance' refers to ___________.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
general-assurance
life-insurance
fire-insurance
motor-insurance
marine-insurance
+1
vote
__________ Policy is granted only in respect of stocks of inventories of the insured under fire insurance business.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
fire-insurance
direct-insured
declaration
family-floater
+1
vote
The danger of loss from the unforeseen circumstances in future refers to _________.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
probability-damage-loss
perils
potential-hazards
risk
+1
vote
_____________ Policy issued on the basis of the number of persons assured.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
single-premium-policy
premium-insurance
annuity
multiple-life-policy
+1
vote
Public liability Insurance Act established in _______.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
public-rule
insurance-act
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