Question
Which among these factors are considered by the
insurance companies to calculate the premium of car insurance policies?Solution
Most of the insurance companies like National General Insurance use the following factors to calculate the premium: IDV, Year of manufacturing, Cubic capacity, Geographical location, No Claim Bonus (NCB)
Consider the following statements:
1.Ā In the revenue administration of Delhi Sultanate, the in-charge of revenue collection was known as āAmi...
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