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 term is not used in insurance sector?
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Casualty
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Coverage
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Indemnity
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Misuse Alert
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Explanation:
Detailed explanation-1: -Kyoto Protocol is an international agreement which is established by United Nations Framework Convention on Climate Change. It focuses to reduce emisions. Thus it is an environmental issue and is never used in insurance sector.
Detailed explanation-2: -Low-interest rates, keeping up with technological advancements, and the expectations to deliver profitable and sustainable growth amidst this change are some of the problems facing the insurance industry.
Detailed explanation-3: -The main purpose of life insurance is to: Make up for loss of earnings if an insured person is unable to ever work again.
There is 1 question to complete.