Advertisements
Advertisements
Question
Correct the underlined word and rewrite the following sentence.
Insurance helps to maximize the risks in the business.
Solution
Insurance helps to minimize the risks in the business.
APPEARS IN
RELATED QUESTIONS
Distinguish between the following:
Life insurance and Fire insurance
Explain the types of Life Insurance Policies?
_____________ policy covers all types of risks of a vessel while it is anchored at the port for a particular period of time.
Explain the following term/concept.
Insurance
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.
What is insurance?
In ___________ policy subject matter is insured for specific voyage irrespective of time.
Correct the underlined word and rewrite the sentence.
The person who is protected against certain losses is known as insurer.
Explain the following term/concept.
Marine 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:
Fire Insurance and Marine Insurance
Find the odd one:
Explain the following term/concept:
Insurable Interest
What is Fire Insurance?
Distinguish between Life Insurance and Fire Insurance
Distinguish between Life Insurance and Fire Insurance.
