Iffco Tokio General Insurance Co. Interview Questions, Process, and Tips

Compromising the customer is unethical and should not be done.

• Compromising the customer is not an ethical practice.

• It is important to prioritize the customer's needs and satisfaction.

• Building trust and maintaining a good relationship with the customer is crucial.

• Providing excellent customer service and addressing their concerns promptly is key.

• Offering fair and transparent pricing and avoiding deceptive practices is es

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events

• Individuals pay premiums to an insurance company in exchange for coverage

• Insurance policies can cover a variety of risks, such as health, property, and liability

• Insurance companies use actuarial science to calculate risk and set premiums

• Insurance helps...read more

Principles of insurance are the fundamental rules that guide the insurance industry.

• Principle of Utmost Good Faith

• Principle of Insurable Interest

• Principle of Indemnity

• Principle of Contribution

• Principle of Subrogation

• Principle of Loss Minimization

State refers to a politically organized territory with a government and a population.

• State is a territorial and political entity with a defined boundary.

• It has a government that exercises authority over its population.

• The main sections of MV act are 166, 163A, 140, 149.

• Calculation must be known before interview acc. to Pranay Sethi case.

• State can refer to a country, province, or territory within a larger country.

• For ex...read more