1 |
If a person having a property of two lakhs and insurance of fifty thousand, then in case of loss the company will pay: |
- A. 25 thousand
- B. 50 thousand
- C. 1 lakh
- D. Nothing
|
2 |
The company that insures is called |
- A. Insured
- B. Acceptor
- C. Propose/ Insurer
- D. Business company
|
3 |
If a person gets his property insured from ti different company's then it is called |
- A. Whole life insurance
- B. Double insurance
- C. Compensatory insurance
- D. None of these
|
4 |
On the death of the insured, sum is paid to: |
- A. Friends
- B. Dependents
- C. Relatives
- D. Insurer
|
5 |
According to Jiwan Sathi insurance,, the husband and wife are provided with financial security in: |
- A. One installment
- B. Two installment
- C. Three installment
- D. Fourinstallment
|
6 |
On the death of the insured, sum is paid to |
- A. Friends
- B. Dependents
- C. Relatives
- D. Insurer
|
7 |
According to Jiwan Sathi insurance, the husband and wife are provided with financial security in |
- A. One installment
- B. Two installments
- C. Three installments
- D. Four installments
|
8 |
In Pakistan, life insurance business was nationalized in |
- A. 1970
- B. 1972
- C. 1973
- D. 1978
|
9 |
What type of security does life insurance offer |
- A. Individual
- B. Collective
- C. Both a and b
- D. None of a and b
|
10 |
The principal of contribution is ot applicable in: |
- A. Life insurance
- B. Marineinsurance
- C. Valued policy
- D. Fireinsurance
|