In mediclaim policy, according to scheme A, maximum benefit amount is,
10000
1,50,000
1,00,000
3,00,000
In which policy ,the sum assured is payable to the legal heir only on the death of the assured ?
Term policy
Whole Life policy
Group insurance policy
None of these
Which is the cash value of the policy that is payable to policy holder if he decide to terminate the contract ?
Surrender value
Premium
Share capital
From the following which of this is covered under fire Insurance?
Voyages Policy
Term Policy
Floating
Collective policy
In which year Insurance Act was amended in India?
1940
1928
1938
1945
Which insurance plan provides coverage to a number of person under one contract?
Money back policy
C.D.A
Group Insurance
Burglary insurance falls under the classification of _______.
Fire insurance
Marine insurance
Mediclaim
Insurance of property
Which is the most important and challenging branch of insurance ?
Marine Insurance
Burglary insurance
From the following which of this is covered under marine Insurance?
Liability Insurance
Endowment policy
Act only
Which one is the principle of insurance ?
Cooperation
Mutual interest
Indemnity