Question

    When a single insurance company offers both life and non- life insurance policies then what does it known as?

    A Unit insurer Correct Answer Incorrect Answer
    B Aggregate insurer Correct Answer Incorrect Answer
    C Service insurer Correct Answer Incorrect Answer
    D Composite insurer Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    An insurance company which provides both life and non-life insurance plans then that company is referred as composite insurer.

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