Question
Which of the following is NOT a key expense considered
in premium calculation?Solution
Key expenses considered in premium calculation typically include: Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Salaries and wages Rent and utilities Claims costs Commissions Reinsurance costs Marketing and advertising expenses Operating expenses Investment income is not directly included in the calculation of the premium itself, but it can contribute to the insurer's overall profitability.
Which of the following Fundamental Rights is not suspended when a Proclamation of Emergency in operation according to the Indian Constitution?
As of January 2020, which of the following is NOT a Maharatna company?
Red Sandalwood (Red Sanders), an endangered species, is native to which southern Indian state?
Subramaniam and Naidu donate some money in a relief fund. The amount paid by Naidu is ₹ 125 more than that of Subramaniam. If the total money paid by ...
Consider the following statements with reference to sanitation in Budget 2020.
1. ₹ 3.6 lakh crore were allocated for Jal Jeevan Mission.
..."e-SANTA" is an electronic market place for
Article 239 deals with the:
Which organism is known to help reduce air pollution?
How many chambers are there in the heart of fishes?
Which of the following isvare CORRECT statement(s) about first hydrogen combustion-driven heavy-duty truck?
1. Mukesh Ambani-run Reliance Industr...
