Vidyalelo
Commerce · Q56

Insurance

Graduate and Post Graduate · Commerce · question 56

Q56

Rakesh recently bought a health insurance policy and a personal accident policy. What main section(s) of the insurance market do these products normally fall into?

A.
Life insurance in both cases
B.
Life insurance for health and non-life insurance for personal accident
C.
Non-life insurance in both cases
Answer
D.
Non-life insurance for health and life insurance for personal accident

Answer: Option C

Solution

Answer: Option C
Solution:
Rakesh recently bought a health insurance policy and a personal accident policy. The insurance market fall in Non-life insurance in both cases.