Vidyalelo
Commerce · Q737

Insurance

Graduate and Post Graduate · Commerce · question 737

Q737

Which of the following is a Contingency product?

A.
Bank deposits
B.
Real Estate
C.
Postal savings
D.
Insurance
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Insurance is a Contingency product. The Contingency Insurance Industry is a specialized group of individuals that deal with insurance products that usually fall outside of the more easily recognized property, marine, casualty, and financial services departments of most companies.