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1
answer
What is GIC (India)? | Full form, Founders, Private or Govt.?
asked
Sep 16, 2021
in
Finance
finance
finance-question
insurance
insurance-priniciple
insurance-business
gic
gic-full-form
gic-govt-pvt
gic-founder
1
answer
What is full-form of LIC?
asked
Sep 16, 2021
in
Finance
finance
finance-question
insurance
insurance-priniciple
insurance-business
lic-of-india
lic-full-form
1
answer
What is LIC?
asked
Sep 16, 2021
in
Finance
finance
finance-question
insurance
insurance-priniciple
insurance-business
lic-of-india
lic-founded
1
answer
Which of the following insurance contract is not based on the Principle of Indemnity?
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-business
contract-in-insurance
indemnity
fire-insurance
marine-insurance
life-insurance
1
answer
Insurable interest means ________ interest.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurable-interest
monetaryt
1
answer
From the following, which is not a type of risk?
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
builder-risk-insurance
speculative-risks
dynamic-risks
fundamental
quantitative
1
answer
________ was the first Indian Insurance Company.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurance-company
gic
bmas
irda
1
answer
Risk is evaluated on the basis of ________ theory.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
risk
insurance-theory
variability
contingency
probability
1
answer
The Bombay Mutual Assurance Society Ltd. formed in ________
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
mutual-assurance
bmas
1
answer
A contract of insurance is a ________ agreement.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
contract-in-insurance
insurance-agreement
contingent
constant
1
answer
The things or property insured is called ________ of the insurance.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
property-insurance
insurance-company
insurance-policy
1
answer
The insurer agrees to compensate the insured in consideration of a sum of money is called
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurer
premium-insurance
insurance-policy
subject
1
answer
The ________ is the party who gets his life or property insured against risks.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
property-insurance
direct-insured
insurers
1
answer
The ________ is the party who agrees to compensate the other person against possible losses.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
compensate
insurers
sum-assured
1
answer
Insurance provides security against ________ .
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurance-company
risk
losses
insurance-sector
1
answer
________ is a social device for eliminating or reducing the loss of society from certain risk.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
loss
premium-insurance
insurance-policy
contract-in-insurance
1
answer
ICICI prudential Life insurance company sent 50,000 direct mailers to office–goers in Mumbai through their lunch boxes.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-company
icici-insurance
life-insurance
marketing
1
answer
__________ company sent 50,000 direct mailers to office–goers in Mumbai through their lunch boxes.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurance-company
bajaj-insurance
reliance-insurance
icici-insurance
tata-insurance
1
answer
__________ is insurance companies tying up with banks to sell insurance products.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
life-insurance-agent
insurance-products
1
answer
__________ are the middlemen in the healthcare delivery chain in insurance sector.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
middleman
healthcare
insurance-sector
1
answer
__________ are agents but they can sell policies of several life and non-life insurance companies at a time.
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurance-agents
life-insurance
surveyors
1
answer
__________ are independent professionals appointed by an insurance company to assess the loss or damage when a claim is
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurance-policy
professionals
insurance-agents
1
answer
__________ in the insurance are just like the retailers of any consumer product who help in selling and distributing
asked
Sep 14, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
consumer
surveyors
insurance-agents
1
answer
The __________ associated with the insurance business are agents, surveyors, loss assessors, brokers, administrators
asked
Sep 12, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
insurance-business
insurance-agents
management
organisation
intermediaries
regulators
1
answer
An ombudsman is entrusted with __________ functions.
asked
Sep 12, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
ombudsman
managing
conciliation
award
making
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