Insurance Awareness mcq questions and answers for competitive exams UPSC SSC , SSC CGL, SSC CHSL, upsc Civils , Entrance exams Online test practice online free Quiz, mock practice online
46.
is a coverage that guarantees bondholders timely payment of interest and principal even if the issuer of the bonds defaults.
47.
A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at the policyholder's discretion is called
48.
With which of the following did the State Bank of India enter into a joint venture agreement for undertaking Life insurance business?
49.
A form of reinsurance that indemnifies the ceding company for the accumulation of losses in excess of a stipulated sum arising from a single catastrophic event or series of events is termed as
50.
A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as
51.
is a coverage designed to protect businesses from liabilities that arise from the conducting of business over the Internet, including copyright infringement, defamation, and violation of priv
52.
A life annuity in which there is no refund to any beneficiary at the death of the annuitant is termed as
53.
A Life insurance policy for which the cost is equally distributed over the term of the premium period, remaining constant throughout is called
54.
is the age at which the receipt of pension starts in an insurance-cum-pension plan.
55.
The portion of an insurance premium that reflects the basic costs of loss, not including over-head or profit is called
56.
Which bank recently became the first bank in India to fully own an insurance business?
58.
A document given to an applicant for life insurance stating that the company's acceptance is contingent upon determination of the applicant's insurability is known as
59.
Reinsurance placed with a company not authorized in the reporting company's state of domicile is called
60.
The amount of risk retained by an insurance company that is not reinsured is termed as
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