Risks that insurance firms will not assume are called_________
Insurance Quiz 1
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Insurance Quiz 1
Quiz
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Other
•
University
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Hard
Shubhra Bhatia
Used 12+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Uninsurable risks
Insurable risks
endorsements
pure risks
2.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Which one of the following does not belong to the main products of life insurance?
Endowment
Personal accident insurance
Term
Whole life
3.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
When was the Oriental Life Insurance Company established?
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
When did Life Insurance Corporation came into existence?
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When was the General Insurance Corporation of India incorporated?
1971
1972
1973
1974
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The Basis of risk is____________
liability
uncertainty
possibility of loss
insurance
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following is an example of a hazard?
Fire
Vandalism
Slippery floor
Flood
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