Question

Insurance claim a/c is which type of account
Personal real or nominal

Answer 1

Answer:

I think it is a personal claim but I could be wrong

Answer 2

Insurance claim a/c is a type of personal account.

• An insurance claim account is classified as a personal account because it represents a personal claim.
• The insurance premium is paid to a person so the account is classified as a personal account.
• Any type of account that represents a person or a certain entity is a personal account.