Question
Which of the following is a type of non-life insurance
policy in India?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.
More Financial Management Questions
- Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___
