MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You are in a car accident in which you are at fault. The other person requires medical treatment and car repairs as a result. What type of insurance do you need?
A
Auto insurance (with liability included)
B
long term care insurance
C
health insurance
D
emergency insurance
Explanation: 

Detailed explanation-1: -Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

Detailed explanation-2: -There are three different types of insurance-Private Car Insurance, Two-wheeler Insurance, and Commercial Vehicle Insurance.

Detailed explanation-3: -Comprehensive Car Insurance Policy This type of insurance policy provides complete protection. It covers both third-party liabilities as well as damages to your vehicle. Also, with a comprehensive cover, you can get compensation if the accident results in your death; the family members will receive the benefit.

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

There is 1 question to complete.