Business Studies, asked by kanavsud2005, 5 hours ago

a.
4. Assertion and reasoning:
ASSERTION: the insured cannot surrender the policy, hence a fire insurance does not have a
paid up value.
REASON: Fire insurance only has an element of protection and not investment
Both A and R and R is the correct explanation for A
b. Both A and Rare true but Ris not the correct explanation for A
c. A is true but R is false
d. A is false but R is true
5. ASSERTION: Loss is not measurable in money in case of life insurance
REASON: one can insure any amount of money in life insurance.
a. Both A and R and R is the correct explanation for A
b. Both A and Rare true but R is not the correct explanation for A
C. A is true but R is false
d. A is false but R is true

Answers

Answered by koushikv911
0

Answer:

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Explanation:

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Answered by shantimadan0709
0

Answer:

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