GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following insurance companies writes its punch line in the advertisements “Insurance is the subject matter of solicitation”?
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LIC
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CIC
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Tata AIG Life Insurance Co.
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ING Vysya Life Insurance Co.
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Explanation:
Detailed explanation-1: -“Solicit” means attempting to sell insurance or asking or urging a person to apply for a particular kind of insurance, from a particular company.
Detailed explanation-2: -An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured.
There is 1 question to complete.