Page 56 - Insurance Times May 2022
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Poll                     for a 2nd phase of reforms under new
                 Glossary                                             Do you think Insurance Industry is poised


                                                                                 IRDAI chairman?
                                                    Yes                Results of Poll in our April 2022 Issue

                                                     No                 Do you think LIC IPO price should be
                                                                                     reduced?
                                                 Can’t say




                                              You may send your views to :
         Substandard Risk                     Poll Contest,  The Insurance Times                Yes         50
         Risks deemed undesirable due to medical  25/1, Baranashi Ghosh Street, Kolkata - 700 007  No       50
                                              Phone : 2269 6035, 2218 4184, 4007 8428
         condition or hazardous occupation    Email:  insurance.kolkata@gmail.com         Can’t say         00
         requiring the use of a waiver, a special
         policy form, or a higher premium charge.
                                                                      Subscribe
         Superfund
         Federal act mandating retroactive liability
         for environmental pollution where                                 our
         responsible party maintains accountability
         for environmental clean-up regardless of               YouTube Channel
         length of time since polluting event
         occurred.
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         Surety Bond
         A three-party agreement whereby a
         guarantor (insurer) assumes an obligation             for latest updates
         or responsibility to pay a second party
         (obligee) should the principal debtor
         (obligor) become in default.                     Like our Facebook Page

         Surplus
         Insurance term referring to retained  www.facebook.com/bimabazaar
         earnings.


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