Insurance is a way, which provides security to the man and his property against the ______.
uncertainity insecurity risk all the options are correct
"Insurance can be defined as a contract made by the person paying a certain amount based on estimated life and he or his representative gets the amount after his death or expiry of a policy?period." Who gave this definition?
Prof. R. S. Sharma Insurance Business Act, 2042 G. R. Agrawala Shirley Taylor
"Insurance is a co-operating device to spread loss caused by a particular risk over a number of persons who are exposed to it who agree to insure themselves against that risk." Who gave this definition?
Prof. R. S. Sharma R.K. Gupta Insurance Business Act, 2042 B.M. Shrestha
The insurance business has become ______ part of the business.
supplemental an integral fractional incidental
The people of the society exposed to a number of personal risks due to their ______.
unemployment death accidental all the options are correct