Let the present ages of P and Q be 2x and 5x years respectively. According to the question, => (5x + 15) = 5 × (2x – 5) => 5x + 15 = 10x – 25 => 5x = 40 => x = 8 Therefore, the present age of Q = 5x = 40 years
What is a form of non-proportional reinsurance?
The principle of utmost good faith requires:
The first private health insurance company in India was:
Consumer Protection Act deals with:
The principle of construction ensures:
In India _______________ insurance is mandatory.
Mortality Charge is the amount charged _____________ by the insurer
The IRDA opened up the market in August 2000 with the invitation for application for registrations. Foreign companies were allowed ownership of up to __...
Insurance that indemnifies the owner of real estate in the event that his or her clear ownership of property is challenged by the discovery of faults i...
The process of amending a policy during its term is known as: