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Considering insuring an ordinary ball pen is an example of

A. Don’t risk more than you can afford to lose

B. Don’t risk a lot for a little

C. Both A & B

D. None of the above

Answer: Option B

Solution(By Examveda Team)

Considering insuring an ordinary ball pen is an example of don’t risk more than you can afford to lose and don’t risk a lot for a little.

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Related Questions on Insurance

Liquidation period refers to

A. Time taken to build up a corpus

B. Period during which Annuity payments are made by the insurer

C. Insolvency period

D. Time between purchase of annuity and start of payment of annuity payments by the insurer