Exam 8: Insurance Terminology and Concepts

Form the following which is not a content of the letter of intimation

The normal period of a ____________ insurance contract is one year

_______ is a theft committed by breaking out of the premises

The danger of loss from the unforeseen circumstances in future refers to ___________

Policy holders are expected to pay premium on due dates a period of 15-30 days is allowed as grace to make payment of premium from the due date is

Intimation of death is the information of death to the________________

_________ enable to regroup the losses suffered by people consequent on burglary or hour breaking

From the following which is not an example of fundamental risk.

In which year insurance began in India

Motor vehicle act was established in______________

The time frame for which an insurance policy provides coverage is known as___________________

__________ is known as Rashtriya Krishi Bima Yojana

Marine insurance protect against_______________

From the following which is a loss due to fire

___________ is the total premium that a policy holder pays

----------is based on the principle of co-operation

Which is not a subject matter of marine insurance

Risk insured against death is a contract of________

_________ is a form of health insurance against loss by a accidental bodily injury

The central office of LIC of India is located at-----------.