GENERAL KNOWLEDGE

GK

INSURANCE AWARENESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is the insurance of commercial property that protects the property from such perils as fire, theft and natural disaster.
A
Liability Insurance
B
Personal Insurance
C
Industrial Insurance
D
Commercial Insurance
Explanation: 

Detailed explanation-1: -Commercial property insurance protects commercial property from such perils as fire, theft, and natural disaster. A variety of businesses, including manufacturers, retailers, service-oriented businesses carry commercial property insurance.

Detailed explanation-2: -Commercial property insurance is a plan made specifically to cover a commercial or business property. This insurance policy is structured to cover any loss that might happen to a commercial property which can lead to financial damage caused due to natural disasters like earthquakes, volcanoes, tsunamis, etc.

Detailed explanation-3: -Commercial property insurance protects your company’s physical assets from fire, explosions, burst pipes, storms, theft and vandalism. Earthquakes and floods typically aren’t covered by commercial property insurance, unless those perils are added to the policy.

Detailed explanation-4: -Property Insurance. This is one of the most common types of commercial insurance. Shopkeeper’s Insurance. Marine Insurance. Liability Insurance. Engineering Insurance. Energy Insurance. Employee Benefits Insurance. International Insurance. More items

There is 1 question to complete.