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Launched in March 2019, the PM-SYMDY is a voluntary and contributory pension scheme for providing a monthly minimum assured pension of `3,000 upon attaining the age of 60 years. The workers in the age group of 18 to 40 years having a monthly income of `15,000 or less and not a member of EPFO/ ESIC/ NPS (Govt. funded) can join the scheme.
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
What is the role of an actuary in the insurance industry?
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 Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
In case of a motor accident, the first step to be taken by the insured is to:
A policy that covers the loss of stock due to refrigeration failure is:
What is the purpose of a "warranty" in an insurance policy?
Which of the following is NOT a common type of insurance policy?
Which part of the policy includes details such as policy duration and limits of liability?
What is the difference between a "condition" and a "warranty" in an insurance policy?