Advertisements
Advertisements
प्रश्न
Correct the underlined word and rewrite the sentence.
The person who is protected against certain losses is known as insurer.
उत्तर
The person who is protected against certain losses is known as insured.
संबंधित प्रश्न
_____________ policy covers all types of risks of a vessel while it is anchored at the port for a particular period of time.
The principle of ______ is not applicable to life insurance.
In ________ policy, several ships belonging to one owner are insured under the same policy.
Answer in one sentence.
What is 'subject matter' in insurance?
Correct the underlined word and rewrite the following sentence.
Insurance helps to maximize the risks in the business.
Mr. Amit is a businessman. He has his own factories in Pune and Nashik. He lives in Pune with his wife and 2 daughters aged 5 and 8 years.
- Can Mr. Amit take a life insurance policy for his wife and 2 children?
- Can Mr. Amit take a marine insurance policy for his factories?
- Which type of insurance should Mr. Amit take for protecting his factories from loss due to fire?
Distinguish between Life Insurance and Marine Insurance.
Explain marine insurance policies.
Explain the principles of insurance.
Match the correct pairs.
| Group A | Group B |
| A. Sprinkler policy | 1. provides a regular percentage of the sum assured |
| B. Child insurance | 2. marketing |
| C. Money back policy | 3. demand made by insured to insurer for loss occurred due to mishap |
| D. Claim | 4. profit |
| E. Insurance | 5. proposal |
| 6. protection from financial loss | |
| 7. for voyage | |
| 8. ULIP | |
| 9. suitable for children | |
| 10. fire insurance |
Explain the following term/concept.
Fire insurance
Study the following case/situation and express your opinion.
Mr. Sadagopan is a businessman he has two factories in Indore and Bhopal. He lives in Bhopal with his wife and two daughters aged 5 and 8 years.
- Can Mr. Sadagopan take life insurance policy for two children?
- Is child insurance is suitable for a wife of Mr. Sadagopan?
- Which type of insurance should Mr. Sadagopan take for protecting his factories from loss due to fire?
Distinguish between Life Insurance and Fire Insurance.
Explain the following term/concept:
Insurable Interest
Distinguish between Life Insurance and Fire Insurance
Distinguish between Life Insurance and Fire Insurance.
