Explanation: Contract Act Section 221. Agent's lien on principal's property: In the absence of any contract to the contrary, an agent is entitled to retain goods, papers and other property, whether movable or immovable of the principal received by him, until the amount due to himself for commission, disbursements and services in respect of the same has been paid or accounted for to him.
Intangible assets cover non-physical assets that cover ________________.
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
What percent shares of New India Assurance Co Ltd is owned by Government of India?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as?
Identify the scenario where a debate on the need for insurance is not required.
Which of the following is a public sector general insurance company in India?
A motor insurance policy can be cancelled by:
The 'No-Claim Bonus' is a discount offered by insurers for: