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प्रश्न
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?
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उत्तर
- Mr. Amit can take whole life policy or term insurance policy for his wife and child insurance policy or money back policy for his daughters.
- Mr. Amit cannot take marine insurance policy for his factories.
- Mr. Amit can take Floating Fire Insurance Policy for protecting his factories at Pune and Nashik.
संबंधित प्रश्न
Distinguish between the following:
Life insurance and Fire insurance
Explain the types of Life Insurance Policies?
Explain the types of fire 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?
Correct the underlined word and rewrite the following sentence.
Insurance helps to maximize the risks in the business.
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?
Justify the following statement.
Principle of subrogation is applicable to all contracts of indemnity.
Explain marine insurance policies.
In ___________ policy subject matter is insured for specific voyage irrespective of time.
Explain the following term/concept.
Marine Insurance
Distinguish Between:
Fire Insurance and Marine Insurance
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.
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.
