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Types of Insurance and Insurance Services
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1.
Which of the following types of insurance provides coverage for damages caused to third parties?
Life Insurance
Health Insurance
Motor Third-Party Liability Insurance
Travel Insurance
2.
Which of the following is NOT a type of life insurance policy?
Term Insurance
Whole Life Insurance
Endowment Policy
Fire Insurance
3.
Unit Linked Insurance Plans (ULIPs) are a combination of:
Life insurance and mutual funds
Health insurance and pension plans
Motor insurance and travel insurance
Property insurance and marine insurance
4.
Which of the following health insurance policies covers senior citizens only?
Family Floater Policy
Group Health Insurance
Critical Illness Policy
Senior Citizen Health Insurance
5.
What does marine insurance cover?
Damage to ships, cargo, and freight
Loss of life during travel
Medical expenses during sea voyages
Property loss due to theft
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