________ is a plan designed for businessmen and professionals as money is available periodically.

Related MCQs

• _____________ are independent professionals appointed by an insurance company to assess the loss or damage on a claim under a policy.
• …………are independent professionals appointed by an insurance company to assess the loss or damage when a claim is notifed under a policy issued by them.
• Compared to the premium for a Whole Life plan, the premium for an Endowment plan will be ____________ for the same age
• An unlooked mishap or an untoward event which is not expected or designed
• ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.
• The insurer agrees to compensate the insured in consideration of a sum of money is called
• Bronson Company manufactures tools that it sells to wholesalers. Bronson is concerned that it may be unable to collect money the company is owed by the wholesalers. To address this risk, Bronson Company could purchase
• In India ……….controls and regulate the rates, advantages , terms and conditions that may be offered by insures in respect of general insurance business relating to marine (hull) ,motor ,engineering and workmen compensation.
• The person responsible for evaluation and acceptance / rejection of risks and computation of premium in insurance is called
• ……….. was constituted as an autonomous body to regulate and develop the business of insurance and reinsurance in India.