Explanation : The rule of "contra proferentem" is applied, which means any ambiguity in the policy wording will be interpreted against the insurer who drafted the policy.
Any insurance risk resulting from a human decision is called?
Which of the following is NOT a typical type of insurance claim?
A policy that covers jewellers against various risks, including theft, robbery, and damage to jewellery, is:
Legal responsibility of a fiduciary to safeguard assets of beneficiaries is termed as?
Insurance Repository is a company formed and registered under which act?
The “Malhotra Committee” was established to:
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
A property or liability insurance contract in which all risks of loss are covered is called?
The maximum foreign direct investment (FDI) allowed in Indian insurance companies is:
Third-Party Administrators (TPAs) are primarily involved in:
