📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer- Few Hours Left Flat 55% Off On All Courses!! Coode - OCT55 Enroll Now ⚡
    00:00:00 AM Left

    Question

    What does Miscellaneous Insurance

    encompass?
    A Coverage for property damage due to fire. Correct Answer Incorrect Answer
    B Coverage for medical expenses. Correct Answer Incorrect Answer
    C Coverage for risks during sea transportation. Correct Answer Incorrect Answer
    D Coverage for risk related to motor vehicle insurance, credit insurance etc Correct Answer Incorrect Answer
    E Coverage for life and death-related risks. Correct Answer Incorrect Answer

    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.

    Practice Next
    More Accounts Questions

    Relevant for Exams:

    ask-question