MEDIUM
Insurance
IMPORTANT
Earn 100

In Insurance context 'risk retention' indicates the situation if _____.

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Important Questions on Previous Paper (Solved), 2015

MEDIUM
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 119
Which among the following is a secondary burden of risk?
EASY
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 120
Which among the following is a method of risk transfer?
MEDIUM
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 121
Which among the following scenarios warrants insurance?
EASY
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 122
Which of the below insurance scheme is run by an insurer and not sponsored by the Government?
EASY
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 123
The authority that an insurer gives to its agent by means of the agent's contract is known as:
EASY
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 124
Which of the following is a formal legal document used by insurance companies that provides details about the product?
EASY
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 125
Securities and Exchange Board of India (SEBI) regulates _____.
MEDIUM
Insurance
IMPORTANT
LIC ADO Preliminary & Main Exam>Chapter 2 - Previous Paper (Solved), 2015>Insurance and Financial Marketing>Q 126
Customer Lifetime value may be defined as the _____.