Que. 1 : Q1) How many months usually a Insurance company allow grace period for payment of premium from due date.    1.  a) 1 months    2.  b) 2 month    3.  c) 3 month    4.  d) 4 month Que. 2 : Q2) _____________ is the insurance company that accepts the transfer of risk from the ceding company.    1.  a) Reinsurance    2.  b) Cede    3.  c)… Read More »