An example of Casual Income is
An example of Casual Income is Winning from lotteries. Casual income typically refers to income that is irregular or occasional, and winnings from lotteries fall into this category. The other options, such as interest income, pension income, and dividend income, are generally not considered casual income as they often have a regular and predictable nature.
The result of the policyholder’s failure to buy sufficient insurance is termed as?
Name the first life insurance company to function in India?
As we know, the Government is paying much attention to “Micro Finance” these days. Which of the following is one of the examples of Micro Finance?
_________ indicates the level of development of insurance sector in a country.
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
The amount which is payable by you during the premium paying term at regular intervals for a limited period as specified in the plan schedule is called?
The free-look period is of how many days ?
___________ 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...
Oriental Insurance Company Ltd. was a subsidiary of Life Insurance Corporation of India from 1956 to_______.
