The Insurance Regulatory and Development Authority of India (IRDAI) has increased the limit on losses for the appointment of Surveyors and Loss Assessors. The limits have been increased for Motor Insurance to Rs 1 lakh from the existing Rs 50,000. For other than motor insurance, it has been increased from the current Rs 1 lakh to Rs 5 lakh. A surveyor and loss assessor is an insurance intermediary licensed by IRDAI to investigate, manage, quantify, validate and deal with losses (whether insured or not) arising from any contingency, on behalf of the company or the policyholder. The regulator’s circular added that the special dispensation granted is applicable to the claims arising out of Cyclone Michaung and the resulting heavy rains/floods. This will be applicable for a period of 2 months from the date of issuance of the circular.
1600 metres long train crosses a man who is moving in the same direction with a certain speed, in 16 seconds. If the same train can cross a tree in 10 s...
Which one of the following pairs does not belong to the same category?
In 2023, which state launched the "Path Shri Rasta Shree" Project?
What is the monthly wage ceiling specified under Section 4(1) for working out the maximum amount of compensation, after the amendment made in 1995?
Who among the following was the editor/author of Newspaper “ Abhyuday ”?
A battery is used to :
Consider the following statement
1. The ordinance making power of the President is parallel with the legislative power of parliament
...
‘A’ and ‘B’ can complete a certain work in 15 days and 12 days, respectively. They started working together and worked till completion of the wo...
What are the variables affected by the passage of light waves from air to glass?
Under which of the following circumstances may the Securities Transaction Tax arise?
1. Profits are made on a certain security
2. Compa...
