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Courses View All

Principles of Insurance
51 Docs | 49 Videos | 14 Tests
Banking Awareness for IBPS/SBI/LIC/Insurance exams (Hindi)
13 Videos
Insurance for SSS 3
NIACL (New India Insurance) Mock Test Series 2024
10 Tests
Insurance for SSS 2
Quantitative Aptitude for Competitive Exams
108 Docs | 204 Videos | 112 Tests
Current Affairs & General Knowledge
504 Docs | 134 Videos | 31 Tests
General Intelligence and Reasoning for Competitive Exams
66 Docs | 110 Videos | 82 Tests
Lucent for GK
768 Docs | 434 Videos | 457 Tests
General Science for Competitive Exams
356 Docs | 169 Tests
English Language & Comprehension for Competitive Exams
55 Docs | 97 Videos | 55 Tests
Computer Awareness for Competitve Exams
51 Docs | 30 Videos | 82 Tests
NIACL AO Mock Test Series 2024
10 Tests
LIC AAO Mock Test Series 2024
10 Tests
LIC Assistant Mock Test Series 2024
20 Tests
NIACL Assistant Mock Test Series 2024
10 Tests
LIC HFL Assistant Manager Mock Test Series 2024
10 Tests
ESIC MTS Mock Test Series 2024
10 Tests
LIC ADO Mock Test Series 2024
10 Tests
IRDAI Assistant Manager Mock Test Series 2024
10 Tests
PFRDA Assistant Manager Mock Test Series 2024
10 Tests
ESIC SSO Mock Test Series 2024
10 Tests
ESIC UDC Mock Test Series 2024
10 Tests
LIC HFL Assistant Mock Test Series 2024
10 Tests
ESIC Stenographer Mock Test Series 2024
10 Tests
Indian Economy for UPSC CSE
298 Docs | 139 Videos | 136 Tests
Famous Books for UPSC Exam (Summary & Tests)
1112 Docs | 578 Videos | 447 Tests
Advanced Corporate Accounting
51 Docs | 89 Videos | 22 Tests
Indian Economy for State PSC Exams
261 Docs | 123 Videos | 126 Tests
Industrial Laws
46 Docs | 54 Videos | 18 Tests
SBI PO Prelims & Mains - Documents, Videos & Tests
824 Docs | 630 Videos | 280 Tests
RBI Grade B Phase 1 Preparation
670 Docs | 373 Videos | 196 Tests
Banking Awareness for Banking Exams
164 Docs | 59 Videos | 25 Tests
Accounting for CA Intermediate (Old Scheme)
34 Docs | 18 Videos
Environmental Law
Commerce for SSS 2
Business Studies for JSS 2
Physical and Health Education for Primary 5
Law Optional Notes for UPSC
395 Docs | 43 Videos
Docs & Videos View All
Characteristics - Reinsurance - Concept of Insurance, Principles of Insurance, B com
6112 Views
Insurance Services
3794 Views
Role of Insurance in Economic Development - Insurance Business and Market, Principles of Insurance
2961 Views
Characteristics & Objectives of Reinsurance, Principles of Insurance
921 Views
Introduction to Insurance, Principles of Insurance
715 Views
Benefit of Insurance - Concept of Insurance, Principles of Insurance, B com
598 Views
Life Insurance - Insurance Terminology And Insurance Customers, Principles of Insurance, B com
485 Views
Principle of Insurable Interest - Insurance Contract, Principles of Insurance
404 Views
Different Type of Insurance & Insurance Pooling - Principles of Insurance, B com
393 Views
Concept of Pooling in Insurance - Risk Management and Insurance, Principles of Insurance
371 Views
Basics of Insurance - Risk Management and Insurance, Principles of Insurance
366 Views
Principals of Insurance
345 Views
Nature of Insurance - Risk Management and Insurance, Principles of Insurance
341 Views
Principle of Insurable Interest - Insurance Contract - Principles of Insurance, B com
329 Views
Benefits of Insurance, Principles of Insurance
300 Views
BVP MBA General Insurance and Reinsurance (GIR) 4th Semester Question Papers (BVIMR)
293 Views
Type of Reinsurance - Concept of Insurance, Principles of Insurance, B com
286 Views
Non Life Insurance - Insurance Terminology And Insurance Customers, Principles of Insurance, B com
240 Views
Principle of Indemnity - Insurance Contract, Principles of Insurance
239 Views
BANKING AND INSURANCE
235 Views
Importance of Insurance - Risk Management and Insurance, Principles of Insurance
234 Views
Life Insurance, Principles of Insurance
226 Views
Different types of Insurance - Risk Management and Insurance, Principles of Insurance
222 Views
Principle of Subrogation - Insurance Contract, Principles of Insurance
218 Views
Evolution of Insurance - Risk Management and Insurance, Principles of Insurance
213 Views
Importance of Insurance - Risk management And Insurance, Principles of Insurance, B com
205 Views
Reinsurance, Principles of Insurance
204 Views
Basics of Insurance - Risk management And Insurance, Principles of Insurance, B com
201 Views
Double Insurance, Principles of Insurance
197 Views
Marine Insurance - General insurance product, Principles of Insurance
195 Views
LIC products - Insurance Products, Principles of Insurance
190 Views
Premium calculation - Concept of Insurance, Principles of Insurance
178 Views
Principal of Contribution - Insurance Contract, Principles of Insurance
173 Views
Important Concept - Reinsurance - Concept of Insurance, Principles of Insurance, B com
172 Views
Insurance contracts, Principles of Insurance
167 Views
Non Life Insurance, Principles of Insurance
160 Views
Put as insurance
148 Views
Double cover- Reinsurance - Concept of Insurance, Principles of Insurance, B com
146 Views
Personal Accident Insurance Policy - General insurance product, Principles of Insurance
134 Views
Disclosure - Insurance Contract, Principles of Insurance
134 Views
Understanding Insurance Customers, Principles of Insurance
133 Views
Insurance Regulator - Insurance Business and Market, Principles of Insurance
122 Views
Car insurance Cover Note - Concept of Insurance, Principles of Insurance, B com
121 Views
Operations of Insurance Companies - Insurance Business and Market, Principles of Insurance
117 Views
Term Plan - Life insurance product, Principles of Insurance
115 Views
Insurance Regulator - Insurance Business And Market, Principles of Insurance, B com
114 Views
Workers' Compensation insurance - Concept of Insurance, Principles of Insurance
106 Views
Annuities - Life insurance product, Principles of Insurance
104 Views
Insurance Specialists - Insurance Business And Market, Principles of Insurance, B com
95 Views
Understanding Insurance Customers - Principles of Insurance, B com
90 Views
Crop Insurance
21 Views
Insurance - 1
15 Views
What is Insurance?
12 Views
Insurance - 2
10 Views
Life Insurance & types of Life Insurance
10 Views
Contract of Insurance
8 Views
Cattle Insurance
4 Views
Insurance - SSS1 Commerce
4 Views
Insurance (Types of Insurance) - SSS1 Commerce
2 Views
Agriculture Insurance
2 Views
Tests View All
Questions View All
What is difference between insurance and assurance?
3 answers
What is the difference between reinsurance and double insurance?a)Reinsurance involves transferring risk to another insurance company, while double insurance involves purchasing multiple policies for the same subject.b)Reinsurance is more common than double insurance.c)Reinsurance is used for catastrophic events, while double insurance is used for individual risks.d)Reinsurance is more expensive than double insurance.Correct answer is option 'A'. Can you explain this answer?
2 answers
In case of insurance of a property the insurable interset of the insured in the subject matter of the insurance must exist?
2 answers
expain life assurance fund Related: Valuation Balance Sheet - Insurance Company accounts, Advanced Corporate Accounting?
2 answers
Bank assurance isa)an insurance scheme to insure bank depositsb)an insurance scheme exclusively for bank employeesc)a composite financial service offering both bank and insurance productsd)a bank deposit scheme exclusively for employees of insurance companiesCorrect answer is option 'C'. Can you explain this answer?
2 answers
Direction: Read the following text and answer the questions that follow:Mr. Shailesh owns an oil factory in Rajasthan. Due to illness of his parents living in the UK, he had to go to UK. There he joined a job. He asked his friend Mr. Vijay Arora to take charge of his company till he returns to India. Mr. Vijay took a fire insurance policy for this factory from Sokhim Free Insurance Pvt. Ltd. A month before he got the fire insurance policy, he received a notice from electricity department to get the wiring of the company repaired. He didn’t inform the insurance company about it. He didn’t get the wiring of the factory repaired. After five months of taking the policy, the factory caught fire due to faulty wiring.“Mr. Vijay took a fire insurance policy for this factory from Zokhim Free Insurance Pvt. Ltd....”.Q. Which principle of insurance is relevant here?a)Insurable interestb)Indemnityc)Good faithd)ContributionCorrect answer is option 'A'. Can you explain this answer?
2 answers
Which insurance company operates in various domains such as general insurance, insurance claims management, reinsurance, and investment management?a)IFFCO TOKIO General Insuranceb)New India Assurancec)ICICI Lombard General Insuranced)HDFC Standard Life InsuranceCorrect answer is option 'C'. Can you explain this answer?
1 answers
Which of the following Acts necessitated the presence of insurable interest in insurance contracts?a)The Gaming Act, 1845b)The Life Assurance Act, 1774c)The Marine Insurance Act, 1745d)The Fire Insurance Act, 1806Correct answer is option 'B'. Can you explain this answer?
1 answers
2. "In all types of insurance, insured must have insurable interest both at the time of insurance and at the time of loss." Do you agree?
1 answers
reinsurance premium Related: Final accounts of life Insurance Companies - Advanced Corporate Accounting?
1 answers
assurance and insurance difference Related: Chapter Notes - Business Services?
1 answers
Which insurance company launched E@Secure, a Cyber Insurance Policy for individuals.a)HDFC ERGO General Insurance Companyb)Bajaj Allianz General Insurancesc)Star Health and Allied Insuranced)Apollo Munich Health InsuranceCorrect answer is option 'A'. Can you explain this answer?
1 answers
In which type of insurance must insurable interest exist both at the time of effecting the policy and at the time of claim?a)Marine insuranceb)Fire insurancec)Life insuranced)Accident insuranceCorrect answer is option 'B'. Can you explain this answer?
1 answers
Which insurance company has its own distribution channel called "IFFCO-TOKIO Insurance Services Ltd"?a)ICICI Lombard General Insuranceb)IFFCO TOKIO General Insurancec)HDFC Standard Life Insuranced)New India AssuranceCorrect answer is option 'B'. Can you explain this answer?
1 answers
• price of a car is R$ 4,50,000. It was insured to 90% of its price accident and the insurance company paid 90% of the insuran price of the car and the amount received?
1 answers
Which among the following defines the model in which the banks sell the insurance products of their partner insurance company?a)Bancassuranceb)Banking Assurancec)Bank Assuranced)Insurance Bankinge)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
1 answers
Which of the following points are correct with respect to the recent (in Jan’22) IRDAI steps towards Motor, Property Insurances & surety Norms?A) IRDAI set up motor insurance & Property Insurances in ‘Institute of Insurance & Risk Management (IIRM) & National Insurance Academy (NIA) to promote loss prevention in the insurance Industry.B) New Surety norms – IRDAI (Surety Insurance Contracts) Guidelines, 2022 was set up by IRDAI under the section 14 (2) (i) of IRDA Act, 1999.C) IRDAI also decided to form an advisory committee under the chairmanship of the NIA director to develop standard survey/inspection.a)Only B & Cb)Only Ac)Only Bd)Only A & Ce)All A, B & CCorrect answer is option 'E'. Can you explain this answer?
1 answers
Which of the following launched a comprehensive health insurance plan namely 'Arogya Supreme'?a)United India Insuranceb)SBI General Insurancec)New India Assuranced)ICICI Lombard General Insurancee)Reliance General InsuranceCorrect answer is option 'B'. Can you explain this answer?
1 answers
The ___________________ is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.a)Life Insurance Corporation of Indiab)General Insurance Corporation of Indiac)Insurance Regulatory and Development Authority of Indiad)New India Assurance Co. LtdCorrect answer is option 'C'. Can you explain this answer?
1 answers
From the information given below, you are to find out the amount to be appropriated for Reserve for unexpired risk in fire insurance: Premium received during the year ended 31.03.2021 Rs.12,00,000. Reinsurance premiums Rs.3,00,000; Bonus in reduction of premium (not yet adjusted in premiums) Rs.50,000.?
1 answers
Which of the following insurance companies has partnered with SatSure Analytics for Satellite-based Crop monitoring and analysis?a)General Insurance Companyb)Reliance General Insurancec)Cholamandalam General Insuranced)Acko General Insurancee)New India Assurance Company LimitedCorrect answer is option 'B'. Can you explain this answer?
1 answers
Airtel Payments Bank has partnered with which of the following to offer comprehensive car insurance to the payments bank’s customers?a)Bajaj Allianz General Insuranceb)IFFCO Tokio General Insurancec)Bharti AXA General Insuranced)United India Insurancee)New India AssuranceCorrect answer is option 'C'. Can you explain this answer?
1 answers
What is the primary function of the Principle of Insurable Interest in insurance?a)To regulate the legal form of insurance contractsb)To ensure that anyone can insure anything they see aroundc)To prevent gaming and wagering in insurance contractsd)To determine the premium amount for insurance policiesCorrect answer is option 'C'. Can you explain this answer?
1 answers
What does insurable interest mean in the context of insurance?a)The interest in insuring a valuable itemb)The interest in making a profit from insurance policiesc)The legal financial interest of a person in the subject matter of insuranced)The interest in purchasing insurance for any reasonCorrect answer is option 'C'. Can you explain this answer?
1 answers
What is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years?a)Catastrophe Reinsuranceb)Excess of Loss Reinsurancec)Facultative Reinsuranced)Term Insurancee)None of theseCorrect answer is option 'D'. Can you explain this answer?
1 answers
Chapters View All
Insurance Terminology And Insurance Customers | Principles of Insurance
6 Docs | 7 Videos | 2 Tests
Insurance Products | Principles of Insurance
14 Docs | 9 Videos | 3 Tests
Insurance industry | Banking Awareness for Banking Exams
4 Docs | 2 Tests
Insurance Contract | Principles of Insurance
6 Docs | 8 Videos | 2 Tests
Insurance industry | SBI PO Prelims & Mains - Documents, Videos & Tests
4 Docs | 2 Tests
Insurance in India | Famous Books for UPSC Exam (Summary & Tests)
2 Docs | 8 Videos | 1 Tests
Insurance in India | Indian Economy for State PSC Exams
1 Docs | 1 Tests
Insurance in India | Indian Economy for UPSC CSE
3 Docs | 9 Videos | 1 Tests
Concept of Insurance | Principles of Insurance
11 Docs | 9 Videos | 3 Tests
Insurance in India | RBI Grade B Phase 1 Preparation
1 Docs | 2 Videos | 1 Tests
Insurance in India | Indian Economy for State PSC Exams
1 Docs | 2 Videos | 1 Tests
Insurance Company accounts | Advanced Corporate Accounting
4 Docs | 6 Videos | 2 Tests
Insurance in India | Famous Books for UPSC Exam (Summary & Tests)
1 Docs | 2 Videos | 1 Tests
Insurance in India | Indian Economy for UPSC CSE
2 Docs | 9 Videos | 1 Tests
Risk Management And Insurance | Principles of Insurance
7 Docs | 11 Videos | 2 Tests
Insurance Business And Market | Principles of Insurance
7 Docs | 5 Videos | 2 Tests
Employees State Insurance Act(1948) | Industrial Laws
6 Docs | 6 Videos | 2 Tests
Contract of Indemnity and Guarantee and Insurance | Law Optional Notes for UPSC
7 Docs
Insurance Claims for Loss of Stock and Loss of Profit | Accounting for CA Intermediate (Old Scheme)
2 Docs | 1 Videos
Principles of Insurance
51 Docs | 49 Videos | 14 Tests
Banking Awareness for IBPS/SBI/LIC/Insurance exams (Hindi)
13 Videos
Insurance for SSS 3
NIACL (New India Insurance) Mock Test Series 2024
10 Tests
Insurance for SSS 2
Quantitative Aptitude for Competitive Exams
108 Docs | 204 Videos | 112 Tests
Current Affairs & General Knowledge
504 Docs | 134 Videos | 31 Tests
General Intelligence and Reasoning for Competitive Exams
66 Docs | 110 Videos | 82 Tests
Lucent for GK
768 Docs | 434 Videos | 457 Tests
General Science for Competitive Exams
356 Docs | 169 Tests
English Language & Comprehension for Competitive Exams
55 Docs | 97 Videos | 55 Tests
Computer Awareness for Competitve Exams
51 Docs | 30 Videos | 82 Tests
NIACL AO Mock Test Series 2024
10 Tests
LIC AAO Mock Test Series 2024
10 Tests
LIC Assistant Mock Test Series 2024
20 Tests
NIACL Assistant Mock Test Series 2024
10 Tests
LIC HFL Assistant Manager Mock Test Series 2024
10 Tests
ESIC MTS Mock Test Series 2024
10 Tests
LIC ADO Mock Test Series 2024
10 Tests
IRDAI Assistant Manager Mock Test Series 2024
10 Tests
PFRDA Assistant Manager Mock Test Series 2024
10 Tests
ESIC SSO Mock Test Series 2024
10 Tests
ESIC UDC Mock Test Series 2024
10 Tests
LIC HFL Assistant Mock Test Series 2024
10 Tests
ESIC Stenographer Mock Test Series 2024
10 Tests
Indian Economy for UPSC CSE
298 Docs | 139 Videos | 136 Tests
Famous Books for UPSC Exam (Summary & Tests)
1112 Docs | 578 Videos | 447 Tests
Advanced Corporate Accounting
51 Docs | 89 Videos | 22 Tests
Indian Economy for State PSC Exams
261 Docs | 123 Videos | 126 Tests
Industrial Laws
46 Docs | 54 Videos | 18 Tests
SBI PO Prelims & Mains - Documents, Videos & Tests
824 Docs | 630 Videos | 280 Tests
RBI Grade B Phase 1 Preparation
670 Docs | 373 Videos | 196 Tests
Banking Awareness for Banking Exams
164 Docs | 59 Videos | 25 Tests
Accounting for CA Intermediate (Old Scheme)
34 Docs | 18 Videos
Environmental Law
Commerce for SSS 2
Business Studies for JSS 2
Physical and Health Education for Primary 5
Law Optional Notes for UPSC
395 Docs | 43 Videos
Characteristics - Reinsurance - Concept of Insurance, Principles of Insurance, B com
6112 views
Insurance Services
3794 views
Role of Insurance in Economic Development - Insurance Business and Market, Principles of Insurance
2961 views
Characteristics & Objectives of Reinsurance, Principles of Insurance
921 views
Introduction to Insurance, Principles of Insurance
715 views
Benefit of Insurance - Concept of Insurance, Principles of Insurance, B com
598 views
Life Insurance - Insurance Terminology And Insurance Customers, Principles of Insurance, B com
485 views
Principle of Insurable Interest - Insurance Contract, Principles of Insurance
404 views
Different Type of Insurance & Insurance Pooling - Principles of Insurance, B com
393 views
Concept of Pooling in Insurance - Risk Management and Insurance, Principles of Insurance
371 views
Basics of Insurance - Risk Management and Insurance, Principles of Insurance
366 views
Principals of Insurance
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Nature of Insurance - Risk Management and Insurance, Principles of Insurance
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Principle of Insurable Interest - Insurance Contract - Principles of Insurance, B com
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Benefits of Insurance, Principles of Insurance
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BVP MBA General Insurance and Reinsurance (GIR) 4th Semester Question Papers (BVIMR)
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Type of Reinsurance - Concept of Insurance, Principles of Insurance, B com
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Non Life Insurance - Insurance Terminology And Insurance Customers, Principles of Insurance, B com
240 views
Principle of Indemnity - Insurance Contract, Principles of Insurance
239 views
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235 views
Importance of Insurance - Risk Management and Insurance, Principles of Insurance
234 views
Life Insurance, Principles of Insurance
226 views
Different types of Insurance - Risk Management and Insurance, Principles of Insurance
222 views
Principle of Subrogation - Insurance Contract, Principles of Insurance
218 views
Evolution of Insurance - Risk Management and Insurance, Principles of Insurance
213 views
Importance of Insurance - Risk management And Insurance, Principles of Insurance, B com
205 views
Reinsurance, Principles of Insurance
204 views
Basics of Insurance - Risk management And Insurance, Principles of Insurance, B com
201 views
Double Insurance, Principles of Insurance
197 views
Marine Insurance - General insurance product, Principles of Insurance
195 views
LIC products - Insurance Products, Principles of Insurance
190 views
Premium calculation - Concept of Insurance, Principles of Insurance
178 views
Principal of Contribution - Insurance Contract, Principles of Insurance
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Important Concept - Reinsurance - Concept of Insurance, Principles of Insurance, B com
172 views
Insurance contracts, Principles of Insurance
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Non Life Insurance, Principles of Insurance
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Put as insurance
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Double cover- Reinsurance - Concept of Insurance, Principles of Insurance, B com
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Personal Accident Insurance Policy - General insurance product, Principles of Insurance
134 views
Disclosure - Insurance Contract, Principles of Insurance
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Understanding Insurance Customers, Principles of Insurance
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Insurance Regulator - Insurance Business and Market, Principles of Insurance
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Car insurance Cover Note - Concept of Insurance, Principles of Insurance, B com
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Operations of Insurance Companies - Insurance Business and Market, Principles of Insurance
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Term Plan - Life insurance product, Principles of Insurance
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Workers' Compensation insurance - Concept of Insurance, Principles of Insurance
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Annuities - Life insurance product, Principles of Insurance
104 views
Insurance Specialists - Insurance Business And Market, Principles of Insurance, B com
95 views
Understanding Insurance Customers - Principles of Insurance, B com
90 views
Crop Insurance
21 views
Insurance - 1
15 views
What is Insurance?
12 views
Insurance - 2
10 views
Life Insurance & types of Life Insurance
10 views
Contract of Insurance
8 views
Cattle Insurance
4 views
Insurance - SSS1 Commerce
4 views
Insurance (Types of Insurance) - SSS1 Commerce
2 views
Agriculture Insurance
2 views
Test: Insurance Products - 3
10 Questions | 10 min
Test: Insurance Industry - 2
10 Questions | 10 min
Test: Insurance Terminology And Insurance Customers - 2
10 Questions | 10 min
Test: Insurance Terminology And Insurance Customers - 1
10 Questions | 10 min
Test: Concept of Insurance - 3
10 Questions | 10 min
Test: Insurance Products - 1
10 Questions | 10 min
Test: Insurance Industry - 1
10 Questions | 10 min
Test: Insurance Company Accounts- 2
10 Questions | 10 min
Test: Concept of Insurance - 1
10 Questions | 10 min
Test: Concept of Insurance - 2
10 Questions | 10 min
Test: Insurance Contract - 2
10 Questions | 10 min
Test: Insurance Products - 2
10 Questions | 10 min
Test: Insurance Contract - 1
10 Questions | 10 min
Test: Insurance Business And Market - 2
10 Questions | 10 min
Test: Insurance Business And Market - 1
10 Questions | 10 min
Test: Employees State Insurance Act(1948) - 1
10 Questions | 10 min
Test: Insurance Company Accounts - 1
10 Questions | 10 min
Test: Risk Management And Insurance - 1
10 Questions | 10 min
Test: Risk Management And Insurance - 2
10 Questions | 10 min
Ramesh Singh Test : Insurance In India
10 Questions | 12 min
Test: Employees State Insurance Act(1948) - 2
10 Questions | 10 min
NIACL Mock Test - 10
100 Questions | 60 min
NIACL Assistant Mock Test - 5
100 Questions | 120 min
LIC AAO Mock Test - 5
100 Questions | 60 min
LIC AAO Mock Test - 7
100 Questions | 60 min
NIACL Mock Test - 5
100 Questions | 60 min
NIACL Mock Test - 8
100 Questions | 60 min
NIACL Mock Test - 6
100 Questions | 60 min
NIACL Assistant Mock Test - 10
100 Questions | 120 min
NIACL Assistant Mock Test - 3
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NIACL AO Mock Test - 7
100 Questions | 60 min
LIC AAO Mock Test - 6
100 Questions | 60 min
NIACL Mock Test - 2
100 Questions | 60 min
NIACL Mock Test - 9
100 Questions | 60 min
NIACL Mock Test - 3
100 Questions | 60 min
NIACL Mock Test - 7
100 Questions | 60 min
NIACL Mock Test - 1
100 Questions | 60 min
NIACL AO Mock Test - 1
100 Questions | 60 min
NIACL AO Mock Test - 2
100 Questions | 60 min
NIACL Assistant Mock Test - 4
100 Questions | 120 min
NIACL AO Mock Test - 3
100 Questions | 60 min
LIC AAO Mock Test - 9
100 Questions | 60 min
LIC AAO Mock Test - 10
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100 Questions | 60 min
NIACL Mock Test - 4
100 Questions | 60 min
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100 Questions | 120 min
NIACL Assistant Mock Test - 2
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NIACL Assistant Mock Test - 9
100 Questions | 120 min
Insurance Terminology And Insurance Customers | Principles of Insurance
6 Docs | 7 Videos | 2 Tests
Insurance Products | Principles of Insurance
14 Docs | 9 Videos | 3 Tests
Insurance industry | Banking Awareness for Banking Exams
4 Docs | 2 Tests
Insurance Contract | Principles of Insurance
6 Docs | 8 Videos | 2 Tests
Insurance industry | SBI PO Prelims & Mains - Documents, Videos & Tests
4 Docs | 2 Tests
Insurance in India | Famous Books for UPSC Exam (Summary & Tests)
2 Docs | 8 Videos | 1 Tests
Insurance in India | Indian Economy for State PSC Exams
1 Docs | 1 Tests
Insurance in India | Indian Economy for UPSC CSE
3 Docs | 9 Videos | 1 Tests
Concept of Insurance | Principles of Insurance
11 Docs | 9 Videos | 3 Tests
Insurance in India | RBI Grade B Phase 1 Preparation
1 Docs | 2 Videos | 1 Tests
Insurance in India | Indian Economy for State PSC Exams
1 Docs | 2 Videos | 1 Tests
Insurance Company accounts | Advanced Corporate Accounting
4 Docs | 6 Videos | 2 Tests
Insurance in India | Famous Books for UPSC Exam (Summary & Tests)
1 Docs | 2 Videos | 1 Tests
Insurance in India | Indian Economy for UPSC CSE
2 Docs | 9 Videos | 1 Tests
Risk Management And Insurance | Principles of Insurance
7 Docs | 11 Videos | 2 Tests
Insurance Business And Market | Principles of Insurance
7 Docs | 5 Videos | 2 Tests
Employees State Insurance Act(1948) | Industrial Laws
6 Docs | 6 Videos | 2 Tests
Contract of Indemnity and Guarantee and Insurance | Law Optional Notes for UPSC
7 Docs
Insurance Claims for Loss of Stock and Loss of Profit | Accounting for CA Intermediate (Old Scheme)
2 Docs | 1 Videos
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What is difference between insurance and assurance?
3 answers
What is the difference between reinsurance and double insurance?a)Reinsurance involves transferring risk to another insurance company, while double insurance involves purchasing multiple policies for the same subject.b)Reinsurance is more common than double insurance.c)Reinsurance is used for catastrophic events, while double insurance is used for individual risks.d)Reinsurance is more expensive than double insurance.Correct answer is option 'A'. Can you explain this answer?
2 answers
In case of insurance of a property the insurable interset of the insured in the subject matter of the insurance must exist?
2 answers
expain life assurance fund Related: Valuation Balance Sheet - Insurance Company accounts, Advanced Corporate Accounting?
2 answers
Bank assurance isa)an insurance scheme to insure bank depositsb)an insurance scheme exclusively for bank employeesc)a composite financial service offering both bank and insurance productsd)a bank deposit scheme exclusively for employees of insurance companiesCorrect answer is option 'C'. Can you explain this answer?
2 answers
Direction: Read the following text and answer the questions that follow:Mr. Shailesh owns an oil factory in Rajasthan. Due to illness of his parents living in the UK, he had to go to UK. There he joined a job. He asked his friend Mr. Vijay Arora to take charge of his company till he returns to India. Mr. Vijay took a fire insurance policy for this factory from Sokhim Free Insurance Pvt. Ltd. A month before he got the fire insurance policy, he received a notice from electricity department to get the wiring of the company repaired. He didn’t inform the insurance company about it. He didn’t get the wiring of the factory repaired. After five months of taking the policy, the factory caught fire due to faulty wiring.“Mr. Vijay took a fire insurance policy for this factory from Zokhim Free Insurance Pvt. Ltd....”.Q. Which principle of insurance is relevant here?a)Insurable interestb)Indemnityc)Good faithd)ContributionCorrect answer is option 'A'. Can you explain this answer?
2 answers
Which insurance company operates in various domains such as general insurance, insurance claims management, reinsurance, and investment management?a)IFFCO TOKIO General Insuranceb)New India Assurancec)ICICI Lombard General Insuranced)HDFC Standard Life InsuranceCorrect answer is option 'C'. Can you explain this answer?
1 answers
Which of the following Acts necessitated the presence of insurable interest in insurance contracts?a)The Gaming Act, 1845b)The Life Assurance Act, 1774c)The Marine Insurance Act, 1745d)The Fire Insurance Act, 1806Correct answer is option 'B'. Can you explain this answer?
1 answers
2. "In all types of insurance, insured must have insurable interest both at the time of insurance and at the time of loss." Do you agree?
1 answers
reinsurance premium Related: Final accounts of life Insurance Companies - Advanced Corporate Accounting?
1 answers
assurance and insurance difference Related: Chapter Notes - Business Services?
1 answers
Which insurance company launched E@Secure, a Cyber Insurance Policy for individuals.a)HDFC ERGO General Insurance Companyb)Bajaj Allianz General Insurancesc)Star Health and Allied Insuranced)Apollo Munich Health InsuranceCorrect answer is option 'A'. Can you explain this answer?
1 answers
In which type of insurance must insurable interest exist both at the time of effecting the policy and at the time of claim?a)Marine insuranceb)Fire insurancec)Life insuranced)Accident insuranceCorrect answer is option 'B'. Can you explain this answer?
1 answers
Which insurance company has its own distribution channel called "IFFCO-TOKIO Insurance Services Ltd"?a)ICICI Lombard General Insuranceb)IFFCO TOKIO General Insurancec)HDFC Standard Life Insuranced)New India AssuranceCorrect answer is option 'B'. Can you explain this answer?
1 answers
• price of a car is R$ 4,50,000. It was insured to 90% of its price accident and the insurance company paid 90% of the insuran price of the car and the amount received?
1 answers
Which among the following defines the model in which the banks sell the insurance products of their partner insurance company?a)Bancassuranceb)Banking Assurancec)Bank Assuranced)Insurance Bankinge)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
1 answers
Which of the following points are correct with respect to the recent (in Jan’22) IRDAI steps towards Motor, Property Insurances & surety Norms?A) IRDAI set up motor insurance & Property Insurances in ‘Institute of Insurance & Risk Management (IIRM) & National Insurance Academy (NIA) to promote loss prevention in the insurance Industry.B) New Surety norms – IRDAI (Surety Insurance Contracts) Guidelines, 2022 was set up by IRDAI under the section 14 (2) (i) of IRDA Act, 1999.C) IRDAI also decided to form an advisory committee under the chairmanship of the NIA director to develop standard survey/inspection.a)Only B & Cb)Only Ac)Only Bd)Only A & Ce)All A, B & CCorrect answer is option 'E'. Can you explain this answer?
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Which of the following launched a comprehensive health insurance plan namely 'Arogya Supreme'?a)United India Insuranceb)SBI General Insurancec)New India Assuranced)ICICI Lombard General Insurancee)Reliance General InsuranceCorrect answer is option 'B'. Can you explain this answer?
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The ___________________ is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.a)Life Insurance Corporation of Indiab)General Insurance Corporation of Indiac)Insurance Regulatory and Development Authority of Indiad)New India Assurance Co. LtdCorrect answer is option 'C'. Can you explain this answer?
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From the information given below, you are to find out the amount to be appropriated for Reserve for unexpired risk in fire insurance: Premium received during the year ended 31.03.2021 Rs.12,00,000. Reinsurance premiums Rs.3,00,000; Bonus in reduction of premium (not yet adjusted in premiums) Rs.50,000.?
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Which of the following insurance companies has partnered with SatSure Analytics for Satellite-based Crop monitoring and analysis?a)General Insurance Companyb)Reliance General Insurancec)Cholamandalam General Insuranced)Acko General Insurancee)New India Assurance Company LimitedCorrect answer is option 'B'. Can you explain this answer?
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Airtel Payments Bank has partnered with which of the following to offer comprehensive car insurance to the payments bank’s customers?a)Bajaj Allianz General Insuranceb)IFFCO Tokio General Insurancec)Bharti AXA General Insuranced)United India Insurancee)New India AssuranceCorrect answer is option 'C'. Can you explain this answer?
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What is the primary function of the Principle of Insurable Interest in insurance?a)To regulate the legal form of insurance contractsb)To ensure that anyone can insure anything they see aroundc)To prevent gaming and wagering in insurance contractsd)To determine the premium amount for insurance policiesCorrect answer is option 'C'. Can you explain this answer?
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What does insurable interest mean in the context of insurance?a)The interest in insuring a valuable itemb)The interest in making a profit from insurance policiesc)The legal financial interest of a person in the subject matter of insuranced)The interest in purchasing insurance for any reasonCorrect answer is option 'C'. Can you explain this answer?
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What is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years?a)Catastrophe Reinsuranceb)Excess of Loss Reinsurancec)Facultative Reinsuranced)Term Insurancee)None of theseCorrect answer is option 'D'. Can you explain this answer?
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