Explanation: Section 2(68) private company: “private company” means a company having a minimum paid-up share capital as may be prescribed, and which by its articles: (i) restricts the right to transfer its shares; (ii) except in case of One Person Company, limits the number of its members to two hundred.
What does "subrogation" mean in the context of insurance?
What is coverage for flood damage is available from the federal government under the National Flood Insurance Program but is sold by licensed insurance ...
A risk or damage covered by an insurance policy is called as?
The maximum foreign direct investment (FDI) allowed in Indian insurance companies is:
What is NOT a common express condition in an insurance policy?
In case of a motor accident, the first step to be taken by the insured is to:
What is the primary goal of risk management?
___________ is the liability arising from contractual agreements in which it is stated that some losses, if they occur, are to be borne by specific part...
A motor insurance cover note is valid for how many days?
Which of the following insurance is mandatory for all vehicles plying on public roads in India?
