BUSINESS ADMINISTRATION
BANKING AND INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Fire
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Marine
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Accident
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All the above
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Detailed explanation-1: -General insurance covers home, your travel, vehicle, and health (non-life assets) from fire, floods, accidents, man-made disasters, and theft. Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.
Detailed explanation-2: -General insurance covers non-life assets-such as your home, vehicle, health, travel – from floods, fire, thefts, accidents and man-made disasters.
Detailed explanation-3: -Then we examine in greater detail the three most important types of insurance: property, liability, and life.
Detailed explanation-4: -Life Insurance is not a type of general insurance.
Detailed explanation-5: -General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in the United States and Canada and non-life insurance in Continental Europe.