English

Find the odd one. Endowment policy, Whole life policy, Money back policy, Blanket policy. - Organisation of Commerce and Management

Advertisements
Advertisements

Question

Find the odd one.

Options

  • Endowment policy

  • Whole life policy

  • Money back policy

  • Blanket policy

MCQ
One Word/Term Answer

Solution

Blanket policy

shaalaa.com
Business Services - Insurance
  Is there an error in this question or solution?
Chapter 4: Business Services - EXERCISE [Page 90]

RELATED QUESTIONS

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.


Answer in one sentence.

What is 'subject matter' in insurance?


Study the following case/situation and express your opinion.

Mr Jagan is a salaried person. He wants to take policy for his two children which assures them protection as well as completes their financial needs once they become major by age.
  1. Suggest him a policy which can satisfy the requirements of his children.
  2. Who are beneficiaries of policy?
  3. In the above case which principle is involved?

Distinguish between Life Insurance and Marine Insurance. 


What is insurance?


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.

Life 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.

  1. Can Mr. Sadagopan take life insurance policy for two children? 
  2. Is child insurance is suitable for a wife of Mr. Sadagopan?
  3. Which type of insurance should Mr. Sadagopan take for protecting his factories from loss due to fire?

Give one word or phrase for the following sentence:

Name of the policy where several ships belonging to one owner are insured under the same policy.


What is Fire Insurance?


Distinguish between Life Insurance and Marine Insurance.


Distinguish between Life Insurance and Fire Insurance.


Distinguish between.

Life Insurance and Fire Insurance


Distinguish between Life Insurance and Fire Insurance.


Distinguish between Life Insurance and Fire Insurance


Distinguish between Life Insurance and Fire Insurance.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×