BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BANKING AND INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An type of car insurance policy that provides complete protection.
A
Deductible
B
Comprehensive
C
Liability
D
Total
Explanation: 

Detailed explanation-1: -As mentioned above, comprehensive car insurance is a combination of third party insurance and own damage insurance. It provides comprehensive coverage against third party liabilities and loss or damages of the car from accidents, vandalism, fire, falling objects or floods.

Detailed explanation-2: -Fully comprehensive This is the highest level of insurance you can have. It covers you, your car and any others involved in an accident. It includes all the cover of a third party fire and theft policy, but also protects you as a driver and might pay out for damage to your car.

Detailed explanation-3: -A comprehensive policy, as the name suggests, offers overall protection against damages to both parties involved in an accident. This scheme is extensive, and it covers damages to car, theft, legal liability to third-party, and personal accident cover.

Detailed explanation-4: -Comprehensive insurance is a coverage that helps pay to replace or repair your vehicle if it’s stolen or damaged in an incident that’s not a collision. Comprehensive, sometimes called “other than collision” coverage, typically covers damage from fire, vandalism or falling objects (like a tree or hail).

Detailed explanation-5: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

There is 1 question to complete.