Let the present age of A be 5x and the present age of B be 7x. After 6 years, their ages will be (5x + 6) and (7x + 6). The sum of their ages after 6 years = 72, so: (5x + 6) + (7x + 6) = 72, 12x + 12 = 72, 12x = 60, x = 5. Present age of A = 5x = 5 × 5 = 25 years.
When we look at claims’ trends, we look at a number of factors. Some of these are listed below. Which factor is not to be considered from this list?
Which of the term is the used when a policy has lapsed due to non-payment of premium?
Erection All Risks (EAR) Policy is also known as:
What does "subrogation" mean in the context of insurance?
A demand made by the insured, or the insured’s beneficiary, for payment of the benefits is known as?
A motor insurance cover note is valid for how many days?
What do you mean by money back policy in insurance?
The maturity age of a whole life policy is?
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
The principle of "subrogation" in insurance refers to:
