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Question

What does general insurance business mean as per the Insurance Act, 1938?

A Fire, marine or miscellaneous insurance business, whether carried on singly or in combination with one or more of them Correct Answer Incorrect Answer
B Effecting of contracts which provide for sickness benefits or medical, surgical or hospital expense benefits, whether in-patient or out-patient travel cover and personal accident cover Correct Answer Incorrect Answer
C Business of effecting, otherwise than incidentally to some other class of insurance business, contracts of insurance against loss by or incidental to fire or other occurrence customarily included among the risks insured against in fire insurance policies Correct Answer Incorrect Answer
D All the above Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Section 2(6B)

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