Practice Test | Kullabs.com
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  • Insurance is a way, which provides security to the man and his property against the ______.

    all the options are correct
    risk
    insecurity
    uncertainity
  • "Insurance can be defined as a contract made by the person paying a certain amount based on estimated life and he or his representative gets the amount after his death or expiry of a policy?period." Who gave this definition?

    Shirley Taylor
    G. R. Agrawala
    Insurance Business Act, 2042
    Prof. R. S. Sharma
  • "Insurance is a co-operating device to spread loss caused by a particular risk over a number of persons who are exposed to it who agree to insure themselves against that risk." Who gave this definition?

    R.K. Gupta
    Prof. R. S. Sharma
    Insurance Business Act, 2042
    B.M. Shrestha
  • The insurance business has become ______ part of the business.

    supplemental
    incidental
    an integral
    fractional
  • The people of the society exposed to a number of personal risks due to their ______.

    death
    accidental
    all the options are correct
    unemployment
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