When a borrower opts for an insurance policy in connection with a loan, it is common for the lender to require the borrower to assign the insurance policy to the lender. This means that the borrower transfers the rights and benefits of the insurance policy to the lender as security for the loan. This assignment serves as additional collateral for the loan, providing the lender with a claim on the insurance proceeds in the event of a claimable event. Therefore, the loan opted insurance policy is associated with the case of assignment.
The white salt which covers the land in some areas during dry season is
In which country is the Dhaulagiri, the world's seventh-highest mountain peak, located?
Which of the following statements is NOT correct?
(I) Agra and Darjeeling are located on the same latitude.
(II) Higher mountainous regi...
What is the total length of India – Pakistan border?
Which of the following is the largest west-flowing river in Peninsular India?
Consider the following pairs:
Which of the pairs give...
How many States in India are Landlocked?
Consider the following pairs:
How many pairs given ab...
From which state does the Godavari River originate?
Which is the largest uranium producing country in the world?
