New 55% Off on All Courses - Enroll Now! Click Here

    Question

    The primary categories of insurance business in India

    are:
    A Health and Fire Insurance Correct Answer Incorrect Answer
    B Life and General Insurance Correct Answer Incorrect Answer
    C Property and Marine Insurance Correct Answer Incorrect Answer
    D Liability and Engineering Insurance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The correct answer is B. Life and General Insurance.

    • Life Insurance: Deals with life-related risks like death, and critical illnesses.
    • General Insurance: Covers a wide range of risks other than life, such as property, health, motor, marine, fire, etc.

    Practice Next