Vidyalelo
Commerce · Q80

Insurance

Graduate and Post Graduate · Commerce · question 80

Q80

Coverage against loss through stealing by individuals not in a position of trust is called _________

A.
Hospital Insurance
B.
Hull Insurance
C.
Group Insurance
D.
Theft Insurance
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Coverage against loss through stealing by individuals not in a position of trust is called Theft Insurance. Theft-insurance contracts cover losses from burglary, robbery, and other theft.