The correct answer is C
A method of permitting the final premium for a risk to be adjusted, subject to an agreed-upon maximum and minimum limit based on actual loss experience ...
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
Which is used to determine the actual cash value of property at time of loss?
The primary categories of insurance business in India are:
Third-Party Administrators (TPAs) are primarily involved in:
In which year, the Actuaries Act was passed by Indian government?
A motor policy is usually valid for a period of ____ year and has to be renewed before the due date.
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
A policy that covers the risk of theft of goods from a shop is:
What is the time limit set for the claim settlement process by IRDAI?
