Insurance business in India is regulated by …………. A. LIC B. IRDA C. RBI D. SEBI 193. Under …………., the sum assured is given to the beneficiary only on death of policyholder.
A) Whole Life Policy
B) Endowment Policy
C) Annuity
D) None of these
Correct Answer:
Verified
Q7: The consideration in insurance for covering the
Q8: . ……………is the party who undertakes the
Q9: The party whose risk is covered in
Q10: In …………., the insurer agrees to pay
Q11: General Insurance includes …………….
A)Fire Insurance
B)Marine Insurance
C)Burglary Insurance
D)All
Q13: . ………..is the amount payable to the
Q14: An annual payment which an insurer guarantees
Q15: The amount given to the policyholder due
Q16: . …………..is an agreement between two insurance
Q17: Revenue Account is also called ………….
A)Shareholders' Account
B)Policyholders'
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents