DIFFICULTY LEVEL 1 (Part A) 1) The sum insured under the Deppt of Engg Insurance is stipulated as under. a) Market value b) Depreciated value c) Replacement value d) Present replacement value of equivalent new property in operational policies. Ans. d) Present replacement value of equivalent new property in operational policies. 2) What is the normal period of insurance in deptt of Engg Insurance. a) These are annual policies. b) In all policies period is either
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2013 CAS Online Course 1 Risk Management and Insurance Operations Risk Management and Insurance Operations is called Online Course 1 by the CAS and CA1 by The Institutes. (Prometric lists this course as CAS1 on its Web site under The Institutes.) Online Course 1/CA1 prepares CAS candidates for a two-hour‚ seventy-five-point multiple-choice examination. The online course and exam were developed collaboratively with The Institutes. The online course is available through the CAS Online Courses
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COMPARING U.S. REPRESENTATIVE AND BRITISH PARLIAMENTARY DEMOCRACIES INTRODUCTION: The debate on which form of democracy‚ representative versus parliamentary‚ can best manage a global energy crisis is a matter of much concern. The study addresses the following question: which form of democracy‚ U.S. representative versus British parliamentary can best manage a global oil crisis between 2009-2011? The question is important to address because understanding which form of democracy
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1. Introduction Today‚ life insurance actually the one of everybody needs. As we know‚ it is a type of financial protection to anyone who bought it. Basically‚ life insurance is an agreement between insurance policy holder and insurer‚ where the insurer promises to pay an amount of sum assured to beneficiary upon the death of the life insured. In other words‚ an individual’s pure risk is shifted to insurer in the consideration of premium paid by the policyholders. The premium is either paid regularly
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English colonies for North America lacked an established political structure when founded. Many of the colonies established representative government‚ religious tolerance‚ and equality to varying degrees because of this. During the 17th century‚ from 1607 to 1700‚ the colonies both expanded and retracted these liberties. Many settlers of the New World aimed to institute representative governments with varying degrees of success. Over the ten years after Jamestown was established in 1607‚ the Virginia Company
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Limousines are not just for rock stars or celebrities. Everyday people are finding that limousine hire offers a range of benefits. These benefits include providing privacy‚ a safe way to travel when in a new city‚ or helping to create a night to remember. A limo hire can also provide riders with much needed privacy. Many limousines are equipped with tinted windows. These windows allow passengers to look out but people on the outside are not able to look in. This is great for people that would
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Hart 1 Teenagers and young adults in today’s time usually have minds of their own. I honestly believe family‚ friends‚ and the media all play major parts in their lives and have great influence on them. Most people think that television‚ cellphones‚ and social networking are the causes of their corrupt minds‚ but in all reality every little aspect has influence on them in some way. Television‚ cellphones‚ and social networks‚ better known as “the media” plays a great influence on teenagers that’s
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Student ID-2226357 DE-TARIFFING OF MOTOR INSURANCE – ITS IMPACT ON GENERAL INSURANCE INDUSTRY AND INDIAN ECONOMY Abstract Indian general insurance industry has encountered a radical change by being de-tariffed after 4 decades of tariff regime. Such a change did have a lot of impact on the premium growth‚ way of operation‚ profitability and loss ratios of the general insurance industry. This change fueled innovation in the general insurance industry which was deprived for past 4 decades
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directly (as a government official) or indirectly (by electing a representative). The word democracy originates from Greek roots meaning “people” and “power”. Two basic forms of democracy are direct democracy and representative democracy. Direct democracy is when all eligible citizens have active and direct participation in the decision making for politics. One example of this is the government of Athens in ancient Greece. Representative democracy is when the whole body of citizens remain the higher
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Issue VI The Chairman says... Editorial Page 2 Insurance Industry of Pakistan Development‚ Achievements & Initiatives he insurance sector‚ until end-2000‚ was under the regulatory purview of the Federal Ministry of Commerce. During that period‚ the private sector insurance industry was fragmented and suffered from operational inefficiencies‚ lack of professionalism and low unacceptable ethical standards‚ while the public sector insurance companies enjoyed their privileged status and captive
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