Disclaimer Disclaimer ‰ Provisional premium 10000000 x 1 Rs

Document Sample
Disclaimer Disclaimer ‰ Provisional premium 10000000 x 1 Rs Powered By Docstoc
					Disclaimer
                                                    ‰)

Provisional premium           10000000 x 1
                              ----------------- = Rs. 10,000
                                 1000

Amount declared         Rs. 40,00,000

Premium for this is Rs. 4,000

Excess paid Rs. 6,000

Refund premium can be Rs. 5,000 only as refund cannot be more than 50% of
provisional premium as per policy condition.

5. (a) Fill in the blanks:

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:9
posted:12/17/2011
language:
pages:11