Search found 236 matches

by Mayank
Yesterday, 14:40
Forum: Daily Dose
Topic: Rental Insurance Coverages
Replies: 0
Views: 110

Rental Insurance Coverages

We have a poll. Please vote.

Refer this: https://insurology.in/what-is-renters-insurance-policy/

Sent from my LLD-AL10 using Actuarial Info mobile app

by Mayank
Yesterday, 14:30
Forum: Actuarial Jobs
Topic: Actuarial Associate Milliman for freshers
Replies: 0
Views: 260

Actuarial Associate Milliman for freshers

Qualifications Education Preferred Bachelor of Science or better in Mathematics or related field. Bachelors or better in Economics or related field. Experience Preferred Freshers or 1-2 years Login to view the link to apply for this job. Milliman Actuarial Associate Freshers.txt Sent from my LLD-AL1...
by Mayank
30 Oct 2018, 11:11
Forum: Daily Dose
Topic: Definition of 'No Claim Bonus'
Replies: 0
Views: 835

Definition of 'No Claim Bonus'

Definition:  No-claim bonus (NCB) is a discount in premium offered by insurance companies if a vehicle owner has not made a single claim during the term of the motor insurance policy. Description:  The no-claim bonus is a reward to the vehicle owner for prudent use of the vehicle. For example, if y...
by Mayank
29 Oct 2018, 22:36
Forum: Daily Dose
Topic: What is Certificate of Insurance?
Replies: 0
Views: 849

What is Certificate of Insurance?

Certificate of insurance is a document used to provide information on specific insurance coverage. The certificate provides verification of the insurance and usually contains information on types and limits of coverage, insurance company, policy number, named insured, and the policies’ effective per...
by Mayank
25 Oct 2018, 21:10
Forum: Excel
Topic: Exercise of Paste Special
Replies: 0
Views: 1080

Exercise of Paste Special

TAC's Actuarial Practical Learning exercise is here!

From: Aman Madaan
 
by Mayank
25 Oct 2018, 09:08
Forum: Daily Dose
Topic: Motor TP Insurance, what is it?
Replies: 0
Views: 1019

Motor TP Insurance, what is it?

Definition: Motor third-party insurance or third-party liability cover, which is sometimes also referred to as the 'act only' cover, is a statutory requirement under the Motor Vehicles Act. It is referred to as a 'third-party' cover since the beneficiary of the policy is someone other than the two p...
by Mayank
23 Oct 2018, 09:39
Forum: Daily Dose
Topic: Expense Loading
Replies: 0
Views: 1290

Expense Loading

Definition: Expense loading is the amount included in the premium charged by an insurance company to cover its administrative and maintenance costs. Description: In order to cover for their operating expenses, the insurance companies include this as a portion of the total premium payable. Expense lo...
by Mayank
22 Oct 2018, 08:55
Forum: Actuarial Discussions
Topic: SOA jobs
Replies: 1
Views: 658

Re: SOA jobs

I don't know at this point when exemptions aren't happening, course is changing, SOA and CAS are becoming one, this is really a bad timing to say about what will happen in future.

Sent from my LLD-AL10 using Actuarial Info mobile app

by Mayank
22 Oct 2018, 08:50
Forum: Daily Dose
Topic: Bancassurance
Replies: 0
Views: 1192

Bancassurance

Definition: Bancassurance means selling insurance product through banks. Banks and insurance company come up in a partnership wherein the bank sells the tied insurance company's insurance products to its clients. Description: Bancassurance arrangement benefits both the firms. On the one hand, the ba...

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