quiz

Insurance Sector Insights

Answer these simple questions correctly and earn coins

Difficulty Level :
10 Questions

Popular Questions In Insurance Sector Insights

  • In which year General Insurance Business was Nationalized?

  • In case of Overseas Medical Policy the premium is payable in

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

  • If a person has insured his property with two insurance companies then in case of fire loss both the insurance companies will compensate the loss to the owner _______

  • 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.

  • The marine insurance will be valid if the person is having insurable interest at the time of loss. The insurable interest will depend upon the nature of ________ contract.

  • When a __________finds that a Vehicle is either beyond repairs or the repairs are not in economic proposition he negotiates with the insured to assess the loss on Total Loss Basis.

  • Under CIF contracts the seller is responsible for arranging the __________ & delivering the goods at port of destination:

  • In determining the extent of liability of the Insurer, the ________-- of fire is immaterial unless it has been deliberately brought about by the insured.

  • Mediclaim Insurance was primarily introduced to cover _________ charges.