MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Insurance designed to pay for the repair or replacement of the policy owner’s car in the event of damage not resulting from an accident
A
Collision
B
Comprehensive Coverage
C
Property Damage Liability
D
No Fault Insurance
Explanation: 

Detailed explanation-1: -The following benefits are offered by the liability insurance plan: Covers the repair/replacement cost of the damaged property (or third-party)

Detailed explanation-2: -Comprehensive insurance is insurance coverage that pays for the repair or replacement. Comprehensive car insurance typically covers third-party liabilities, damage from an accident, fire, natural calamity, theft, etc.

Detailed explanation-3: -A comprehensive car insurance is an extensive motor insurance plan that covers the insured person against both, own damages and any third party liabilities.

Detailed explanation-4: -Four types of insurance that most financial experts recommend include life, health, auto, and long-term disability.

Detailed explanation-5: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

There is 1 question to complete.