Senior Policy Management Analyst

Senior Policy Management Analyst Interview Questions and Answers

Updated 19 Nov 2024

Q1. what is insurace

Ans.

Insurance is a financial product that provides protection against specific risks in exchange for payment of a premium.

  • Insurance is a contract between an individual or entity (the policyholder) and an insurance company.

  • The policyholder pays a premium to the insurance company in exchange for coverage against certain risks, such as property damage, illness, or death.

  • In the event of a covered loss, the insurance company compensates the policyholder according to the terms of the p...read more

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