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

    Question

    Which of the following is a type of non-life insurance

    policy in India?  
    A Health Insurance Correct Answer Incorrect Answer
    B Life Insurance Correct Answer Incorrect Answer
    C Mutual Fund Insurance Correct Answer Incorrect Answer
    D Pension Plan Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Health Insurance is a type of non-life insurance policy in India that provides coverage for medical expenses incurred by the insured person due to illness or injury. Health insurance policies typically cover hospitalization expenses, surgical expenses, ambulance charges, and other related medical expenses. Health insurance policies can be bought by individuals as well as by employers for their employees as a part of employee benefits. Hence, option A is correct.

    Practice Next
    More Financial Management Questions
    ask-question