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Ratio of the profit share of A to B = (2 × 4): (3 × 5) = 8:15 Profit share of B = (15/8) × 4000 = Rs. 7500
What is the first step in the claims process?
Which among the following is an accidental insurance scheme?
A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions is termed as?
How many Insurance Ombudsman are functional in India?
Which of the following is NOT a key step in the underwriting process?
The result of the policyholder’s failure to buy sufficient insurance is termed as?
Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.
Insurance companies can have a exposure of to financial and insurance activities upto ____ of investment assets as per IRDAI.
A missing person is considered to be dead after how many years of missing ?
In order to monitor and control solvency requirements, it has been made mandatory to the insurers to submit solvency report on _______ basis.
