BUISENESS MANAGEMENT
INSURANCE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -A comprehensive car insurance policy provides coverage against the following: Any loss or damages caused to your car due to: Extreme weather conditions or natural disasters. Eg: storm, hurricane, floods, etc.
Detailed explanation-2: -Comprehensive insurance coverage is defined as an optional coverage that protects against damage to your vehicle caused by non-collision events that are outside of your control. This includes theft, vandalism, glass and windshield damage, fire, accidents with animals, weather, or other acts of nature.
Detailed explanation-3: -Comprehensive car insurance gives you coverage for both third-party liabilities and own-damages under a single policy. It gets affected by depreciation rates. In this, only own-damage cover insurance is affected by the depreciation rate. Yes, you can buy add-on covers with it.
Detailed explanation-4: -Non-accident damages can include fire damage, vandalism, natural disasters, etc. Comprehensive car insurance will cover if the car is damaged due to one of these incidents. Shriram Car Insurance offers policies that can provide all-round protection from any possible external and internal damages.
Detailed explanation-5: -Comprehensive policy covers damage to the car due to accidents, car theft, losses to a third party, damage to the car due to natural damages, personal injuries or death caused in an accident, damages caused in a fire. Comprehensive car coverage is full coverage.