What is difference between an Insurance and a general
Insurance????

Answer Posted / ved parkash chauhan

INSURANCE > In simple terms it is a contract between the
person who buys Insurance and an Insurance company who sold
the Policy. By entering into contract the Insurance company
agrees to pay the Policy holder or his family members a
predetermined sum of money in case of any unfortunate event
for a predetermined fixed sum payable which is in normal
term called Insurance Premiums.

There are different kinds of Insurance Products available
such as Life Insurance , Vehicle Insurance, Home Insurance,
Travel Insurance, Health or Mediclaim Insurance etc.

GENERAL INSURANCE > INSURANCE OTHER LIFE INSURANCE

Is This Answer Correct ?    12 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

is there any specific percentage related to lower tax deduction under tds

1665


What is the difference between the excise duty and the sales tax?

640


HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,

2124


If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?

1166


What is the %age of T.A.,D.A.,H.R.A.,BASIC

3833






Need of Bank Reconciliation to a company

1737


Who advance tax is the asset for company? What are the accounting entries of advance income tax

1419


hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?

5766


we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format

5805


How should the personal assets of a salaried employee be shown in his books of accounts ?

1229


WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

2721


what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?

2044


Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.

2353


how to creat e-vat return in tally

1621


is there easy guide for the latest India tax & accounting information for 2010?

1631