Category: IC23 APPLICATIONS OF LIFE INSURANCE – 20

Que. 1 : Q1) What is the direct insurance company that transfers the risk?    1.  a) Cedant    2.  b) Cede    3.  c) Reinsurer    4.  d) Reinsurance Que. 2 : Q2) The types of annuities that can be opted under the “Defined Contribution Fund” are __________.    1.  a) Pension for life    2.  b) Pension guaranteed for a fixed term (5, 10, 15, or 20 […]