In which type of contract the happening of event is certain...

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In which type of contract, the happening of event is certain but its timing is not known?

A. Life Insurance

B. General Insurance

C. Both A & B

D. None of the above

Answer: Option A

Solution (By Examveda Team)

In Life Insurance type of contract, the happening of event is certain but its timing is not known. The event insured against is sure to happen only the time of its happening is not known.

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In which type of contract, the happening of event is certain but its timing is not known?

Solution (By Examveda Team)

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