MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This type of insurance provides payment for liability and property insurance on a vehicle.
A
automobile
B
homeowners
C
renters
D
health
E
disability
Explanation: 

Detailed explanation-1: -A comprehensive vehicle insurance plan includes third-party liability as well as any expense incurred by the policyholder due to theft or accident of the vehicle.

Detailed explanation-2: -Liability Only Policy covers any legal liability you may face that occurs out of damage or loss to a third party only-including death, injury, and/or property damage in the event of an accident that involves your insured vehicle. This is following the stipulations laid out by the Motor Vehicles Act, 1988 .

Detailed explanation-3: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

Detailed explanation-4: -There are three different types of insurance-Private Car Insurance, Two-wheeler Insurance, and Commercial Vehicle Insurance.

Detailed explanation-5: -There are a number of liabilities insurance policy available. These include third party liability, public liability, product liability, employer liability, professional liabilities, industrial risks and so on.

There is 1 question to complete.