Mr. Manish asks His Insurance-Advisor, the Primary Purpose of Insurance. Help Mr. Manish, Identify the Primary Purpose of Insurance, from the Following Options.
A) Share the Losses of Many, among Many.
B) Share the Losses of Many, among a Few.
C) Share the Losses of a Few, among Many.
D) Speculation.
Correct Answer:
Verified
Q1: Identify a Non-Physical Asset, from the List
Q3: What led to the Formulation of Insurance?
A)Hazard
B)Indemnity
C)Loss
D)Risk
Q4: Which One of the Following Methods of
Q5: When would You choose, to go for
Q6: Which One of the Following, is, the
Q7: Name the Public Sector Life Assurance Company,
Q8: Discuss the Risk-Management Technique, employed by an
Q9: Discuss the Difference between Insurance and Assurance.
A)Insurance:
Q10: Mr. Poddar has used Insulated Wiring in
Q11: Ms. Shaheen refuses to go on a
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