The amount given to the policyholder due to his inability of paying further premium is called …………..
A) Annuity
B) Bonus
C) Surrender value
D) Claim
Correct Answer:
Verified
Q10: In …………., the insurer agrees to pay
Q11: General Insurance includes …………….
A)Fire Insurance
B)Marine Insurance
C)Burglary Insurance
D)All
Q12: Insurance business in India is regulated by
Q13: . ………..is the amount payable to the
Q14: An annual payment which an insurer guarantees
Q16: . …………..is an agreement between two insurance
Q17: Revenue Account is also called ………….
A)Shareholders' Account
B)Policyholders'
Q18: Valuation balance sheet is prepared by ……………business.
A)Fire
Q19: The commission earned by insurance companies from
Q20: The commission given by insurance companies to
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