Questions

1 Marks Each

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30 questions · timed · auto-graded

Question 11 Mark
What makes it easier because of the different types of insurance services?
Answer
Different types of insurance services make it easier to recover whenever potential disasters or risks subside.
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Question 21 Mark
What are the risks involved in the business process?
Answer
In the process of business there are risks of stored goods for sale as well as raw materials, machines in factories as well as accidental theft during transport, theft of loot, looting, natural or man-made disasters.
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Question 31 Mark
On what basis are insurance services divided into two main parts?
Answer
Insurance services are divided into two main parts irrespective of the policy and business services of the insurance companies.
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Question 41 Mark
Who presents us with such an unexpected and unforeseen situation?
Answer
Destiny present us with an unexpected and unforeseen situation.
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Question 51 Mark
What exemptions do traders get through insurance?
Answer
Business is relieved of the worry of loss, damage or unforeseen disaster.
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Question 61 Mark
What does vehicle insurance cover?
Answer
Insurance against vehicle risk protects vehicles like cars, trucks, scooters, motorcycles, buses etc. from damage and theft.
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Question 71 Mark
What is covered by marine business insurance?
Answer
Marine business insurance covers the vessel, its crew, passengers as well as ownership liability. It also protects against fire, hurricane or other marine hazards as well as damage to third parties.
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Question 81 Mark
What is the principle of insurance service in general?
Answer
Insurance service in general is an arrangement designed on the principle of indemnity.
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Question 111 Mark
What do the general public and businessman get through different policies?
Answer
Assistance to the person accumulated by a different policy, financial aid during an accident or illness, regular income after death, or after death, the family members get financial security; the traders are exonerated from the risk of loss, damage or unexpected disaster.
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Question 121 Mark
What does the insurance holder fare in a fixed way?
Answer
The insurer, who regularly fills the premium, has a share of safety and charity.
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Question 131 Mark
What is the significance of premium in insurance contract?
Answer
The insured who pays regular premium in the insurance contract has the right to security and assurance. The insurer protects the regular premium payer against the risks.
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Question 141 Mark
What is Insurance Premium?
Answer
The amount paid by the insured on the specified period is known as Premium.
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Question 151 Mark
What is the basic feature of insurance service?
Answer
Insurance is a process in which the insured assumes the risks of insurance and insures him and some of his policyholder in certain types of policies, under the basic characteristics of the insurance service.
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Question 171 Mark
What is insurance to protect against insurance?
Answer
Insurance is an act by which compensation for loss or damage caused by accidents can be obtained and protection from potential hazards or risks.
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Question 181 Mark
Insurance service letters are part of the study sequence, how to write letters written for information or information?
Answer
Insurance cover letter is part of the course. Writing letters to get information or information, just write "Request to give information" so much as to what your preparation is, what your details are and you're writing to complete the partial information you have received.
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Question 191 Mark
What is the role of insurance service in today's time?
Answer
In today's time, singers can sound their sound and dancers insure their feet so that when the singer's voice or dancer's skills stop in an accident, the insurance company pays the amount he has earned. As such, this service plays an important role.
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Question 201 Mark
What is the number of insurable things that can be insured and their expansion?
Answer
The increasing complexity of the financial system in the modern age and the increasing risk for the human being, due to the increased risk, is increasing the number of factors that can be insured.
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Question 211 Mark
Why are radical changes happening in insurance services?
Answer
In the present age, the life of the human life is increasing. Along with that, insurance services are also going through radical changes as demanded.
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Question 221 Mark
What is the insurance service available?
Answer
When transport is transported from one place to another, there is no danger of robbery, robbery. Apart from this, there are fears of accidents. Also, there is fear of sickness, accident and premature death in the life of a person who practices business and business. We can not avoid these types of potential risks. Insurance service is available for this.
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Question 231 Mark
When is the preoccupation required?
Answer
It is difficult to predict all of this for accident, sickness, death, loss of business, natural or man-made disaster on property and devastation caused by calamity etc. It is difficult to predict.
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Question 241 Mark
When does the need to prepare a safeguard?
Answer
Faire often raises unexpected questions before us. Unpredictable, unrestrained events occur so that we need a quick and urgent need to build a safeguard for assets and assets for individuals.
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Question 251 Mark
What is the term life insurance policy called in English?
Answer
Term life insurance policy is called ENDOWMENT POLICY in English.
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Question 261 Mark
What is the name of the whole life insurance in English?
Answer
Whole life insurance is called WHOLE LIFE POLICY in English.
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Question 271 Mark
Give an example of insurance taken out for increased risk on human skills.
Answer
Insurance taken for increased risk on human skills. (1) Insurance of his voice by the singer and (2) Insurance of his feet by the dancers.
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Question 281 Mark
Insurance is an agreement between whom?
Answer
Insurance is an agreement between the Insured and the Insurer.
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Question 291 Mark
What is the letter written in the intention of buying a policy?
Answer
To request a quick process in which the letter written in the intention of buying the policy starts its effect in the near future.
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Question 301 Mark
Where is the full information about the claim in the letter?
Answer
Full claim information is in the claim sheet.
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1 Marks Each - SPCC STD 12 Commerce Questions - Vidyadip