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Probability that no one can solve the given question, => (1 - 1/3) × (1 - 2/5) × (1- 1/2) => 2/3 × 3/5 × 1/2 => 1/5 Probability that the question will be solved = 1 – Probability that no one can solve the question = 1 – 1/5 = 4/5
Which of the following pools is managed by GIC?
What is the purpose of risk management for an insured?
In Insurance, CGL stands for?
__________ in insurance is the splitting or spreading of risk among multiple parties.
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?
Which among these is not a type of General Insurance plans?
I. Motor Insurance
II. Marine Insurance
III. Health Insurance
The 'Insured's Declaration' form typically includes information about:
Marine insurance certificates must always be:
Consumer Protection Act deals with:
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.