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Consecutive reduction in length and breadth by 2% and 2% formula =x+y+(xy/100) Decreasing percentage = -2-2+(2×2)/100 =-4+0.04 =-3.96% =3.96% decrease.
Insurance is listed in which schedule of the Indian constitution ?
The Institute of Insurance and Risk Management (IRM) was founded in which of the following year?
Which of the following is NOT a peril covered under the Standard Fire and Special Perils Policy?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
Which of the following terms is NOT associated with insurance?
A policy that covers the risk of theft of goods from a shop is:
Which type of insurance can covers two or more items or location ?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
What is the purpose of risk management for an insured?
Which of the following is NOT a typical type of insurance claim?
