Question
When insurance companies undercut each other to grab
market share by reducing premium, it is known as:Solution
In a "soft market," intense competition among insurers leads to lower premiums and more relaxed underwriting standards.
Which of the following company is not a foreign insurance company?
__________ in insurance is the splitting or spreading of risk among multiple parties.
What is a coverage designed to protect businesses from liabilities that arise from the conducting of business over the Internet, including copyright inf...
The Insurance Act has __________sections and ______ schedules.
What is NOT an element of an insurance contract?
The operative clause in an insurance policy is also known as:
In which city, the 17th Pravasi Bhartiya Divas will be held in January 2023?
Which of the following is NOT a typical type of insurance claim?
Written words in a policy take precedence over:
What is the impact of inflation on premium calculations?
