Question and Answer
1. According
to the role of Insurance Agent, what is best attitude that the agent must
provide to the client?
= provide in a sense
the best possible advice to the client.
2. When
is the year that the The Equitable Assurance fixed the premium for the first
time?
= In the year of 1762
3. Why
the growth of few life insurance in 1960 which wound up soon after?
= This is because of
inadequate technical background and unsound
operation
4. The
meant of event in the insurance term
= contingency
5. What
the small meaning of Source of capital for investment?
= funds are invested to
earn interest
6. What
subrogation considered as?
= It is corollary and
indemnity
7. What is insured peril means?
= Peril means which are
expressly covered by a policy
8. Which
policies are freely assignable in Marine Insurance?
= Cargo policies
9. What are the percentage reported that foreign
insurers domination of the local insurance market?
= 95%
10.
Why Amicable Society for a Perpetual Assurance
in 1706 was adopted?
= It is for each
member have required to contribute a fixed sum annually |
So many types of insurances? But is it expensive and worth it? And like after we buy them, do is it a guarantee that we’ll get the covers listed? And what if we don’t use the cover, do we get back our money or does it burn? That’s all I want to know. Haha. Thanks.
ReplyDeleteYa ,it is so many....Its quite expensive based on which insurance you take it.But,its really good and worth it....Yes, you will get the cover listed.Yes, for sure you will get the money back..It maybe double up..No problem..Ur always welcome
ReplyDeleteHi Visha, I wan buy a insurance about medical card, which company is better Allianz insurance or Prudential insurance? How much is the premium insurance will cost? Where is the nearest insurance Allianz company in Cheras? Hope you can reply me as soon as possible, Thank you!
ReplyDeleteThereFor medical card i would like to prefer MI Cares which means as Medi Guard express.Yes,Allianz is the no1 insurance company for now.Im nor sure where is the nearest Allianze company at cheras at near the cheras plaza...tq..u can ask if u wan any futher detail...
ReplyDelete