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Principles And Practice Of General Insurance
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Principles And Practice Of General Insurance
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25 Questions

1. One who shares the risk under an insurance policy or policies is known as __________.
2. A type of insurance contract through which protection is given against loss of crop from risk is known as ______.
3. Risks are not suited to treatment by insurance refers to ____________.
4. The post of chief agents and special agents was terminated in 1956 through ___________.
5. If a life insured has died a few days before date of maturity, but after signing discharge form, to whom should the claim be paid?.
6. _________ is concerned with the conversion of a firms asset and earning power against risks of accidental loss.
7. The insurance plays a role in the economic development of the country in following Ways ______
8. How many subsidary company available to GIC
9. The doctrine of Caveat Emptor governs ________.
10. The Oriental Life Insurance Company came to India during ______.
11. The insurance plays a role in the economic development of the country in following Ways ___________.
12. In which of the following types of insurance should insurable interest be present only at the time when policy is taken?
13. With profit policy is also termed as _______.
14. ______ is the person who derives the title from the assignor.
15. ________ is the policyholder who transfers the title of the policy.
16. Which of the following is an evidence of insurance contract?
17. The constitution of the IRDA consists of not more than _________ members.
18. Risk management is concerned with-------------.
19. Insurance technique is based on the principle of __________.
20. Notification of Alteration in Risk is a condition _____________.
21. A kind of insurance which provides for indemnity for loss against health such as loss of time and medical expenses due to sickness is called _________.
22. The nationalization of insurance sector was undertaken by GIC and _____ companies were mereged
23. Corpus fund is created with contributions from the Central Government and State Government on ____________.
24. A policy protecting a group of persons, usually employees of a firm generally called as ___________.
25. The total number of branch offices of GIC is _________.

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