Question

    New India Assurance Co Ltd is a type of

    ?
    A Life Insurance Company Correct Answer Incorrect Answer
    B General Insurance Company Correct Answer Incorrect Answer
    C Re-insurance Company Correct Answer Incorrect Answer
    D All of these Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance.

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