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Depreciation is the gradual decrease in the value of an asset over time, often due to wear and tear or obsolescence.
The principle of "subrogation" in insurance refers to:
A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
A policy that covers loss or damage to a householder's property is:
What are moral hazards in underwriting?
A single policy covering a group of individuals, usually employees of the same company or members of the same association and their dependents is called?
Which of the following types of companies/organisations issue ULIP?
Selling insurance through groups is called?
What is the grace period in case of monthly premium payment mode in insurance?
What does the preamble of an insurance policy NOT typically include?
Name the first life insurance company to function in India?
