MEDIUM
Insurance
IMPORTANT
Earn 100

Which among the following is a secondary burden of risk?
(a)Business interruption cost
(b)Goods damaged cost
(c)Setting aside reserves as a provision for meeting potential losses in the future
(d)Hospitalisation costs as a result of heart attack
(e)None of these

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Important Questions on Previous Paper (Solved), 2015
EASY
Insurance
IMPORTANT
Which among the following is a method of risk transfer?

MEDIUM
Insurance
IMPORTANT
Which among the following scenarios warrants insurance?

EASY
Insurance
IMPORTANT
Which of the below insurance scheme is run by an insurer and not sponsored by the Government?

EASY
Insurance
IMPORTANT
The authority that an insurer gives to its agent by means of the agent's contract is known as:

EASY
Insurance
IMPORTANT
Which of the following is a formal legal document used by insurance companies that provides details about the product?

EASY
Insurance
IMPORTANT
Securities and Exchange Board of India (SEBI) regulates _____.

MEDIUM
Insurance
IMPORTANT
Customer Lifetime value may be defined as the _____.

EASY
Insurance
IMPORTANT
What is the time limit for approaching an insurance ombudsman in case of rejection by the insurance company?
