Advertisements
Advertisements
प्रश्न
Explain the following term/concept.
Insurance
Advertisements
उत्तर
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against contingent or uncertain losses. Insurance is a contract between the insurer and the insured, under which the insurer agrees to compensate the insured for loss. The insured must pay a fixed sum to the insurer on time.
APPEARS IN
संबंधित प्रश्न
Distinguish between the following:
Life insurance and Fire insurance
Explain the types of fire insurance policies.
The principle of ______ is not applicable to life insurance.
Find the odd one.
Correct the underlined word and rewrite the following sentence.
Insurance helps to maximize the risks in the business.
State four life insurance policies?
What is insurance?
Explain the principles of 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.
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 Life Insurance and 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.
