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Insurance Practice Questions - Page 2

Questions 11–20 of 30 · Page 2 of 3

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Questions
30
Solutions
All inline
Q11Which Act first introduced insurance regulation in India?MediumSolve →Q12Which principle allows the insurer to recover claim amount from a negligent third party?MediumSolve →Q13The “double insurance” principle applies whenMediumSolve →Q14Which insurance scheme is linked to Jan Dhan Yojana accounts?MediumSolve →Q15Pradhan Mantri Fasal Bima Yojana (PMFBY) relates toMediumSolve →Q16Which principle prevents insured from making profit out of insurance?MediumSolve →Q17In life insurance, the amount payable on death or maturity is calledMediumSolve →Q18Which principle decides liability when loss is due to multiple causes?MediumSolve →Q19Health insurance in India is regulated byMediumSolve →Q20Which scheme provides accident insurance of ₹2 lakh at premium of ₹12 per year?MediumSolve →
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