GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is the insurance of human life values against the risks of death, injury, illness or against expenses incidental to the latter.
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Liability Insurance
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Personal Insurance
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Industrial Insurance
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Commercial Insurance
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Explanation:
Detailed explanation-1: -Examples of personal lines insurance include homeowners insurance, earthquake insurance, renters insurance, car insurance, life insurance, health insurance, and disability insurance.
Detailed explanation-2: -Third-party insurance, which is also sometimes referred to as ‘act-only’ insurance is a statutory requirement for all vehicle owners as per the Motor Vehicle Act. It is a type of insurance cover where the insurer offers protection against damage to the third-party vehicle, personal property and physical injury.
There is 1 question to complete.