Which one is the principle of insurance ?
Cooperation
Mutual interest
Indemnity
None of these
In which year Crop Insurance scheme was introduced in India?
1948 - 49
1978 - 79
1985 - 86
1990 - 91
From the following which of this is covered under fire Insurance?
Voyages Policy
Term Policy
Floating
Collective policy
Which of the following is covered under life Assurance policy?
Act only
Cargo Insurance
Declaration policy
Money Back Policy
What is the minimum period of Life Assurance?
More than one year
5 year
10 year
15 years or more
Technically speaking a life insurance should be called _______.
Life insured
Insured
Life Assurance
From the following which of is covered under Act only policy ?
Burglary Insurance
Motor Insurance
Fire Insurance
Marine Insurance
Burglary insurance falls under the classification of _______.
Fire insurance
Marine insurance
Mediclaim
Insurance of property
Under scheme A & B, medical insurance premium maximum benefits are _______._______ respectively.
1,50,000 and 96,000
10,00,00 and 96,000
15,10,000 and 96,000
15,20,000 and 96,000
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
