File Details:

Questions:

1. What is insurance, and how does it work?
2. What methods were used by Chinese traders to manage risk?
3. What was the role of Greeks and Romans in health and life insurance?
4. How did Romans organize insurance during the primary stage?
5. When was the first fire insurance company established in the United States?
6. What caused the formation of life insurance?
7. When did insurance become widely accepted?
8. Which country first developed insurance to protect society?
9. Where is insurance listed in the Indian Constitution?
10. What year did life insurance become nationalized?
11. What year was general insurance nationalized in India?
12. What does insurance mean in terms of loss recovery?
13. Which type of insurance marked the beginning of insurance development in India?
14. When was the Indian Insurance Act passed?
15. Where was the Triton Insurance Company established?
16. Who defined insurance as a process that makes uncertainty certain?
17. What is the distribution concept of insurance as explained by Prof. D.H. Magee?
18. Who said insurance provides protection against risks?
19. Which role of insurance is not considered?
20. Which is the oldest type of insurance?
21. When was the Sun Insurance Office Limited established in Calcutta?
22. What are the essential elements of insurance?
23. What are the objects of insurance contracts?
24. What types of risks are covered under insurance?
25. What principle governs utmost good faith in insurance?
26. Which types of insurance are not under property insurance?
27. What does the doctrine of causa proxima explain?
28. What are the duties of insurance agents?
29. On what grounds can an insurance agent's service be terminated?
30. What is the concept of reinsurance?
31. Which section of the Marine Insurance Act defines marine insurance?
32. What provisions relate to the Life Corporation of India?
33. Under what circumstances can fire insurance be canceled?
34. What does the term life insurance mean as defined under the Insurance Act?
35. What section under the Indian Insurance Act defines fire insurance?
36. What conditions apply to life insurance agents?
37. What are the principles of indemnity in insurance?
38. What are double insurance and its elements?
39. What rights does an insurance agent have?
40. What does assignment mean in marine insurance?
41. What provisions exist in the Insurance Act for amalgamation?
42. What powers do life insurance corporations have?
43. How does a lapse policy get revived?
44. What elements are not essential for social insurance?
45. What conditions apply to wagering contracts?
46. What is excluded under fire insurance policies?
47. Which was the first Indian commercial insurance company established?
48. When was the joint law for life and general insurance enforced?
49. What year was the Marine Insurance Act established in India?
50. When was the General Insurance Corporation of India Act passed?
51. What does IRDA stand for, and when was it formed?
52. Which insurance policy is excluded from individual life insurance?
53. What are the principles of insurance?
54. What qualifications must a claim tribunal member have under the Motor Vehicle Act?