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Question
Correct the underlined word and rewrite the sentence.
The person who is protected against certain losses is known as insurer.
Solution
The person who is protected against certain losses is known as insured.
RELATED QUESTIONS
Distinguish between the following:
Life insurance and Fire insurance
_____________ policy covers all types of risks of a vessel while it is anchored at the port for a particular period of time.
Find the odd one.
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. |
- Suggest him a policy which can satisfy the requirements of his children.
- Who are beneficiaries of policy?
- In the above case which principle is involved?
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?
What is insurance?
Explain the principles of insurance.
Explain the following term/concept.
Life Insurance
Explain the following term/concept.
Fire insurance
Distinguish between Life Insurance and Fire Insurance.
Distinguish between.
Life Insurance and Fire Insurance
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.
