New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    The result of the policyholder’s failure to buy sufficient insurance is termed as?

    A Hospital Insurance Correct Answer Incorrect Answer
    B Hull Insurance Correct Answer Incorrect Answer
    C Under Insurance Correct Answer Incorrect Answer
    D Title Insurance Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A situation wherein the owner of a property or the person suffering a health condition does not have enough insurance to cover the value of the item or the health care costs.

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