When was Triton Insurance Company Ltd established?
Answer: Option A
Solution(By Examveda Team)Triton Insurance Company Ltd was established in 1850. The first General Insurance Company in India was Triton Insurance Company Ltd. It was set up under the control of British.
A. Risk acceptance at standard rates
B. Declinature of risk
C. Postponement of risk
D. Claim rejection
A. Service Benefit
B. Direct Contracting
A. Personal history and family history of a proposer are equally important
B. In a non-medical proposal family history is not asked for
C. Large sum assured is not a factor to be considered in non-medical underwriting
D. Moral Hazard is not relevant in nonmedical underwriting