Answers The policy of insurance is signed by the? The policy of insurance is signed by the? A. representative of the insured B. representative of the insurer… Read More
Answers The document that is legally required to be issued by insurers in respect of compulsory… The document that is legally required to be issued by insurers in respect of compulsory insurance is A.… Read More
Answers life insurance is a contract of? life insurance is a contract of? A. indemnity B. subrogation C. benefit D. contribution Correct Answer: Option C… Read More
Answers In an endowment policy, benefits are paid at death or In an endowment policy, benefits are paid at death or A. a lump sum is paid on maturity… Read More
Answers Term insurance benefits are payable Term insurance benefits are payable A. maturity A. at surrender B. at death C. before maturity Correct Answer:… Read More
Answers An insurance intermediary that is professionally liable for acts of negligence in the discharge of… An insurance intermediary that is professionally liable for acts of negligence in the discharge of his duties to… Read More
Answers The period of insurance in non-life insurance contract is usually The period of insurance in non-life insurance contract is usually A. one month B. one year C. two… Read More
Answers The demand for payment made by the insured to the insurer following occurence of the… The demand for payment made by the insured to the insurer following occurence of the event insured against… Read More
Answers one of the feature of ”with profit whole life assurance” is that profit is allocated… one of the feature of ”with profit whole life assurance” is that profit is allocated to the policy?… Read More
Answers The price paid for the purchase of insurance policy is? The price paid for the purchase of insurance policy is? A. premium B. claim C. renewal D. benefit… Read More