Devolve - transfer or delegate (power) to a lower level, especially from central government to local or regional administration. In sentence A, The word ‘devolve’ is incorrectly used. In other sentence, devolve is correctly used.
Third-Party Administrators (TPAs) are primarily involved in:
Which of the following is the first life insurance company in India?
In which year all shares of Oriental Insurance Company Ltd. held by the General Insurance Corporation of India were transferred to the Central government?
The Insurance Institute of India (Regd.) formerly known as?
The part of the policy that is specific to each insured individual is:
Which Section of the IRDA Act 1999, specifies the Duties, Powers and Functions of the Authority?
What is the grace period in case of monthly premium payment mode in insurance?
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
Written words in a policy take precedence over:
The section of the policy that outlines what is NOT covered is called:
