BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BANKING AND INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
General Insurance includes ____ insurance:
A
Fire
B
Marine
C
Accident
D
All the above
Explanation: 

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.

There is 1 question to complete.