Commission of an insurance company is shown in schedule
A) 2
B) 3
C) 4
D) None of these
Correct Answer:
Verified
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 ……………….
Q17: To ascertain profit in life insurance business
Q18: ……………….. of an insurance company are shown
Q19: The agreement of insurance is called as………
A)Policy
B)Premium
C)Annuity
D)None
Q20: The consideration in insurance for covering the
Q21: ……………. Is the party who undertakes the
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