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Concept and Features of Insurance
Concept and Features of Insurance
11 Mins
Business Studies
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NEXT VIDEOS
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REVISE WITH CONCEPTS
Insurance
Example
Definitions
Formulaes
>
QUICK SUMMARY WITH STORIES
Introduction to Insurance
2 mins
Functions and Principles of Insurance
3 mins
Important Questions
Which of the following is not a function of insurance?
Medium
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State the following statement is True or False:
All insurance contracts are contracts of indemnity, except the contract of life insurance.
Medium
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Which of the following is not applicable in life insurance contact?
Medium
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Essay type questions:
What is indemnity? Why the principle of indemnity is not applicable to life insurance?
Medium
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Write short notes on the following :
Principle of indemnity.
Easy
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What is the difference between a Whole Life Policy and Endowment Policy?
Medium
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What do you mean by Insurance?
Medium
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The main element(s) of a fire insurance contract is/are _________________.
Medium
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An assessee has paid life insurance premium of Rs. 25, 000 during the previous year for a policy of Rs. 1, 00, 000. He shall __________________________.
Medium
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Letter Writing :
Write a letter enquiring about fire insurance policy.
Medium
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