Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 45

Que. 1 : Q1) An insurer may pay a claim for a loss which is excluded by a policy when    1.  a) the claim applies to compulsory insurance    2.  b) the insurer makes an ex-gratia settlement    3.  c) an insurer exercises subrogation rights against a negligent third party    4.  d) Settlement is made through the IRDA Claim Scheme Que. 2 : […]