Question
What does Miscellaneous Insurance
encompass?Solution
Explanation: Miscellaneous Insurance includes coverage for a variety of risks that do not fall under the specific categories of Fire or Marine Insurance. Some common types of miscellaneous insurance in India are: exchange risk insurance, motor vehicle insurance, credit insurance, burglary insurance, workmen’s compensation insurance, professional liability insurance, cash in transit insurance, fidelity insurance, etc.
To be eligible for the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), the age of the applicant should be between:
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