Question

Fill  in  the  blanks  with  suitable  words  in  the  following
incomplete  sentences.
1. The  person  who  has  accepted  to  pay  the  loss  is  called____in  insurance.
2. The  person  who  receives  the  benefit  is  called____in insurance.
3. The  insurance  that  covers  the  life  is  called____.
4. Vehicle  insurance  is  an  _____Insurance.


DSERT Class 10 Business Studies Ch. 2 Insurance

Answer 1

 1. The person who has accepted to pay the loss is called exposer in insurance.
2. The person who receives the benefit is called benificiary in insurance.
3. The insurance that covers the life is called life insurance.
4. Vehicle insurance is an motor Insurance.

Answer 2

1. The person who has accepted to pay the loss is called _exposers_ in insurance.
2. The person who receives the benefit is called _beneficiary_ in insurance.
3. The insurance that covers the life is called _Life Insurance Policy_.
4. Vehicle insurance is an _motor_Insurance.