The person responsible for evaluation and acceptance / rejection of risks and computation of premium in insurance is called

Related MCQs

• Gross Premium means Net Premium plus___________
• Compared to the premium for a Whole Life plan, the premium for an Endowment plan will be ____________ for the same age
• Policy holders are expected to pay premium on due dates, a period of 15-30 days is allowed as grace to make payment of premium from the due date is _____
• Gross premium means Net premium plus ________
• Crop insurance covers the risks of __________
• In cases where a Life Insurance Agent collects the premium from the policyholder and remits it to the insurer’s office, he is acting as an agent of _____
• __________ provides risks coverage to the life of person
• ____________ is the total premium that a policy holder pays to insurance company
• ………..is the first comprehensive legislation governed both life and non-life branches of insurance was enacted to provide strict state control over the insurance business in India.
• The first insurance contract was entered into by European maritime nations in 1347 to accept ……..insurance as a practice.