Shivam invested 24000 at 8% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.27200. What is the value of ‘x’ (in years)?
=> (24000 × 8 × x)/(12 × 100) = 27200 – 24000 => 160 × x = 3200 => x = 20 years
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The Insurance Act has __________sections and ______ schedules.
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
Contract under which the ultimate liability of the reinsurer is capped and on which anticipated investment income is expressly acknowledged as an underw...
_______ in the insurance industry involves an applicant gaining insurance at a cost that is below their true level of risk.
What is the maximum Time in which the insurer should settle a claim when all documents are submitted?
A survey which is held to determine a properties insurable value is known as?
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Purchase price (premium) for the immediate annuity is to be paid in how many installments?
Surf Excel, which is a 110+ year-old global brand, is a subsidiary of which company?
