What is the Term, used to refer to the Value of What You Own, Minus, the Value of What You Owe?

Related MCQs

• Mr. Vishal had taken an Insurance of Rupees 50 Lakhs, for a Period of 25 Years. On Maturity, the Insurer pays the Maturity-Claim Minus the Survival-Benefits, Received During the Term of the Policy. Which Type of Plan, was taken, by Mr. Vishal?
• When the Insurer promises to pay the Insured, a Specified Amount at the End of the Term, if the Insured survives the Plan’s Entire Term, then the Claim will be known as --.
• Name the Term, used to denote the Rise in the General Level of Prices of Goods and Services, in an Economy, Over a Period of Time. Choose the Most Appropriate Option.
• The Conversion-Option in a Term Assurance Plan, can be used to convert the Policy, into Which One of the Following Plans?
• Name the Term, used to describe "With-Profits" Policies.
• You are an Insurance-Surveyor. On Behalf of the Insurer, Why Will You survey and inspect a Property, Prior to Insurance?
• --- Planning involves: How Much You should Save for Your After-Working-Life, and Where should You Invest those Funds.
• If Insurance Company makes Periodical Payments, to the Insured, at Specified Intervals, During the Term of the Policy, then, these Payments are being made as per --.
• A Life Assurance Company paid the Treatment Costs to the Insured, During the Event of Hospitalisation of the Insured, During the Policy-Term. This is an Example of --.
• Ms. Kavita purchases a Critical Illness (C.I.) Rider, along with, a Term Assurance Plan, from ABC Insurance Company. How Will, the Company ascertain the Claim for the Critical Illness (C.I.) Rider? Choose the Most Appropriate Option.