Question
A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at the policyholder’s discretion is called?
More Insurance Awareness Questions
- All of the following is true regarding ULIPs EXCEPT:
- Consumer Protection Act deals with:
- Which of the term is the used when a policy has lapsed due to non-payment of premium?
- An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
- Which among the following principle states about the Individual who should be benefitted from the insured item?
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- Name the first General Insurance Company in India?
- What term applies to conditions that must be met before the insurer’s obligations arise?
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