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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Barkha
Ordinary insurance is a type of life insurance contract so that the premium are payable as long as the lives is insured. The contract is not paid up and does not mature until the named insured reaches ag 100 or dies whichever event come first. intermediate insurance is a reinsurance broker who negotiate contacts of reinsurance on behalf of the reinsured usually with those reinsures that recognised broker and pay them comission on reinsurance premium ceded.