In life insurance, instalment policy is also known as
A) annuity policy
B) endowment policy
C) whole life policy
D) lump sum policy
Correct Answer:
Verified
Q10: Organisation structure of LIC is
A)two tier
B)three tier
C)four
Q11: IRDA shall consist of note more than...........
A)10
Q12: "Uberrimae Fidei" means
A)indemnity
B)insurable interest
C)good faith
D)mitigation of loss
Q13: ........... is the oldest insurance
A)fire insurance
B)life insurance
C)marine
Q14: Boiler insurance policy coming under
A)fire insurance
B)life insurance
C)engineering
Q16: In insurance, "Causa Proxima" means
A)utmost good faith
B)contribution
C)prevent
Q17: Which of the following is not a
Q18: In India Insurance business are regulated by
A)irbi
B)rbi
C)irda
D)irdp
Q19: In insurance, NAIS stands for
A)national association of
Q20: NAIS launched in 1999 is being implemented
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