Question
Which of the following insurance compensates for the cost of repairing or replacing defective products past the normal warranty period provided by manufacturers?
More Insurance Awareness Questions
- How many maximum children from a family are covered for the benefits under the ShikshaSahyogYojana launched by the LIC ?
- Which of the following is an optional feature that can be added to a policy?
- What is the term used to describe the process of transferring a portion of risk to another insurer?
- Which feature is not allowed in the Indian insurance market?
- Insurance is primarily a method of:
- Which of the following situation occurs when one party in a negotiation has relevant information the other party lacks.
- Who is responsible for investigating and settling claims?
- Which of the following is insurable?
- A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions is termed as?
- What is a life insurance policy that remains in force for the policyholder’s lifetime?
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