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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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