The emergence of which of the following necessitates insurance as a form of security?
A. Joint family system
B. Nuclear family system
C. Both A & B
D. None of the above
Answer: Option B
Solution(By Examveda Team)
Nuclear family system necessitates insurance as a form of security. Nuclear family system is a family structure that consists of two parents living with their children, also known as an immediate family.Related Questions on Insurance
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