Demo Insurance Terms

Insurance Terms

Contract Agreement between company and policy Holder.(One Giving and one taking)
Nominee A Person who receives the money on death.
Rider It can be taken along with normal policy for extra benefits
Sum Assured The limit of the policy amount or Risk Amount, Insurance
Claim Payment of sum assured on Death or maturity.
Risk & Peril Economic loss is risk and reason for risk is peril
Coroner (Investigator) A person who investigates in case of death cases
(Click Here for More INSURANCE TERMS)
Related Material  Bengali IC33 Paper 12
Open chat
Need Help?
Hello 👋
Can we help you?