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Answer in one sentence. What is 'subject matter' in insurance? - Organisation of Commerce and Management

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प्रश्न

Answer in one sentence.

What is 'subject matter' in insurance?

एक पंक्ति में उत्तर
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उत्तर

Subject matter refers to the subject or entity i.e life, property, cargo or ship, etc. which is insured against which the policy is taken.

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अध्याय 4: Business Services - EXERCISE [पृष्ठ ९१]

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बालभारती Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 4 Business Services
EXERCISE | Q 1. (H) 2) | पृष्ठ ९१

वीडियो ट्यूटोरियलVIEW ALL [2]

संबंधित प्रश्न

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.


Distinguish between Life Insurance and Marine Insurance. 


Justify the following statement.

Principle of subrogation is applicable to all contracts of indemnity.


Explain marine insurance policies.


What is insurance?


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.

Marine Insurance


Explain the following term/concept.

Life 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.

  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?

Find the odd one:


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.


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