EASY
IBPS Clerk Mains
IMPORTANT
Earn 100

Which of the following terms is dissimilar to the other four options?

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Important Questions on Past Years Mcqs of LIC, IBPS and Other Exams

MEDIUM
IBPS Clerk Mains
IMPORTANT
In cases where a Life Insurance Agent collects the premium from the policyholder and remits it to the insurer's office, he is acting as an agent _____.
MEDIUM
IBPS Clerk Mains
IMPORTANT
A policy where the policyholder makes a one-time payment of premium is known as a:
MEDIUM
IBPS Clerk Mains
IMPORTANT
Which of the following is an important reason for insurers to sell life insurance policies through agents?
MEDIUM
IBPS Clerk Mains
IMPORTANT
Compared to the premium for a whole life plan, the premium for an endowment plan will be _____ for the same age.
MEDIUM
IBPS Clerk Mains
IMPORTANT
As per structured formula under the Motor Vehicle Act, victims of fatal injuries are paid compensation based on:
MEDIUM
IBPS Clerk Mains
IMPORTANT
Which clause specifies the perils insured in a scheduled form of policy?
MEDIUM
IBPS Clerk Mains
IMPORTANT
The minimum paid-up capital required for a General Insurance Company is Rs. _____.