Page 56 - Insurance Times Octoberr 2022

Glossary
Poll Do you think Insurance Sector will witness
sea change in distribution channels

Yes Results of Poll in our September 2022 Issue
No Do you think relaxation of norms for corporate
agents will affect Insurance Broking business?
Can’t say

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Warrant
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An agreement that gives the holder the
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right to purchase an underlying financial Can’t say 00
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instrument at a given price and time or
at a series of prices and times according
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Warranty
Coverage that protects against our
manufacturer's defects past the normal
warranty period and for repair after
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from financial loss caused by the seller's
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of parts and labor necessary to restore
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contracts written by insurers.

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56 The Insurance Times, October 2022