Surrender value is an expression that is used in case of ………………. Insurance business .
A) Life
B) Marine
C) Fire
D) None of these
Correct Answer:
Verified
Q5: Insurance Regulations and Development Authorities Act came
Q6: Which of the following of an insurance
Q7: Which of the following of an insurance
Q8: Reserve for unexpired risk is shown under
Q9: In life insurance business , claims may
Q11: …………….. reserve is created to meet any
Q12: Life insurance is contract of ………………………………….
A)Guarantee
B)Indemnity
C)Profit
D)None of
Q13: General insurance is a contract of ………………………………
A)Guarantee
B)Indemnity
C)Profit
D)None
Q14: Double insurance is common in ……………………. Insurance.
A)Life
B)Fire
C)Marine
D)None
Q15: Re insurance is generally found in ………… …….
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