The business of insurance is related to protection of…………
A) Status
B) Economic value of asset
C) Savings
D) Profit
Correct Answer:
Verified
Q7: If the market interest rate is higher,
Q8: As age increases risk on the life………..
A)Increases
B)Decreases
C)No
Q9: Premium of a policy is calculated on
Q10: "Human life is an income generating asset".
Q11: Maximum period of a policy in case
Q13: _ is concerned with the conversion of
Q14: _ involved those losses that occur even
Q15: Fundamental risk is also termed as _
A)Particular
Q16: Unemployment, war, inflation, earthquakes etc., are the
Q17: Any risk involved a situation where there
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