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    Question

    Which of the following is NOT a conventional

    classification of general insurance under the Insurance Act, 1938?
    A Fire Insurance Correct Answer Incorrect Answer
    B Marine Insurance Correct Answer Incorrect Answer
    C Health Insurance Correct Answer Incorrect Answer
    D Miscellaneous Accident Insurance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Insurance Act, 1938, traditionally classified general insurance into the following categories:

      • Fire Insurance
      • Marine Insurance
      • Accident Insurance
      • Miscellaneous Insurance
    Health Insurance was later added as a separate category.

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