Banking & Insurance Quiz-3

One of the essential ingredients of Insurance Contract is that the insured must have ______ interest in the subject matter of contract.

In Life Insurance everyone is considered to have an interest in his own life and that of his _____

A marine insurance policy that is a combination of voyage & time policies & covers all risks during the particular voyage for a specified period of time is called ____ policy

Senior Citizen Mediclaim policy is available to a resident in India between the age of 60 & 80 years. If renewed without break the cover can be continued upto the age of ______.

A short-term loan is a loan which is repayable

Which is the fastest mode of payment?

What does NEFT stands for?

The issue of having regular income during old age is taken care off by ______ Policies.

Which is the safest cheque from the receiver point of view?

What is maximum limit for an NEFT transfer per transaction?