Insurance is a way, which provides security to the man and his property against the ______.
all the options are correct uncertainity risk insecurity
"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?
Insurance Business Act, 2042 G. R. Agrawala Prof. R. S. Sharma 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 B.M. Shrestha Insurance Business Act, 2042
The insurance business has become ______ part of the business.
an integral fractional incidental supplemental
The people of the society exposed to a number of personal risks due to their ______.
all the options are correct death accidental unemployment