What are the types of Guarantees?
There are two types of contract of guarantee i.e. Specific guarantee and continuing guarantee. When a guarantee is given only for single debt or transaction and is to come to an end when the guaranteed debt is paid or the promise is duly performed, it is called a specific or simple guarantee. A guarantee which extends to a series of transactions is called a continuing guarantee. In this case the surety’s liability would continue till all the transactions are completed or till the guarantor revokes the guarantee as to the future transactions.
The establishment of Agriculture Insurance Company of India Limited (AIC) was announced in which General Budget speech?
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at m...
In relation to insurance sector, what is the full form of EP?
In which year all shares of Oriental Insurance Company Ltd. held by the General Insurance Corporation of India were transferred to the Central government?
The Indian insurance industry is governed by which of the following act ?
Which of the following term matches with Family Floater?
Insurance is, thus, a financial tool specially created to reduce the financial impact of unforeseen events and to create______.
Intangible assets cover non-physical assets that cover ________________.
What is the minimum tenure of public provident fund?
An agreement between an insurance company and an agent, granting the agent authority to write insurance from that company is called?