Insurance of.....means insurance of buildings, machinery, stocks etc against Fire and Allied Perils, Burglary Risks and so on.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Insurance of____means insurance of buildings, machinery, stocks etc against Fire and Allied Perils, Burglary Risks and so on.

A	wealth
B	demand
C	property
D	capital

Explanation:

Detailed explanation-1: -Insurance of property means insurance of buildings, machinery, stocks etc against Fire and Allied Perils, Burglary Risks and so on. Whether you own your building, lease your workspace or work at home, business property insurance protects your business’ physical assets.

Detailed explanation-2: -Fire and Allied Perils covers against damage or destruction caused by fire, lightning, or the explosion of domestic appliances. You can use it to protect your home or business premises.

Detailed explanation-3: -The insurance cover will be for furniture, fixtures and stock are covered against any losses due to Fire and Burglary incidents.

Detailed explanation-4: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

There is 1 question to complete.