Page 56 - Insurance Times March 2022
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Poll                    Do you think Insurance Companies should
                 Glossary

                                                                         focus more on creating awareness

                                                    Yes              Results of Poll in our February 2022 Issue

                                                     No               Do you think it is high time for insurance
                                                                     industry to focus on climate change and its
                                                 Can’t say                   future impact on industry?




                                              You may send your views to :
         Non-proportional Reinsurance                                                           Yes        100
         Reinsurance that is not secured on   Poll Contest,  The Insurance Times                 No         00
         individual lives for specific individual  25/1, Baranashi Ghosh Street, Kolkata - 700 007
                                              Phone : 2269 6035, 2218 4184, 4007 8428     Can’t say         00
         amount of reinsurance, but rather    Email:  insurance.kolkata@gmail.com
         reinsurance that protects the ceding
         company's overall experience on its entire
         portfolio of business, or at least a broad
         segment of it. The most common forms of                      Subscribe
         non-proportional reinsurance are stop loss
                                                                           our
         and catastrophe.
         Policy Dividend
         A refund of part of the premium on a                   YouTube Channel
         participating life insurance policy.
         Amount of payment is determined by
         subtracting the actual premium expense     www.youtube/bimabazaar
         from the premium charged. The
         payment can be taken as cash, applied                 for latest updates
         to a purchase an increment of paid-up
         insurance, left on deposit with the
         insurance company or applied to                  Like our Facebook Page
         purchase term insurance for one year.
         Policy Period
         Time period during which insurance    www.facebook.com/bimabazaar
         coverage is in effect.

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