Question

the risk of individuals and families are cored under ?
(a) personal insurance
(b) property insurance
(c) liability insurance
(d) All​

Answer 1

Explanation:

Among the various options given in question statement the correct option is the first one. Personal insurance or Life insurance provides coverage of the risk of individuals and families. Mainly this risk is associated with medical and health coverage and the type of insurance policy defines how much of medical is covered for the individual and its family members

Answer 2

They are covered under personal insurance.

• The risk amount or responsibility that is given by an individual or firm by protection suppliers is alluded to as insurance coverage.
• Personal risk insurance pays out a monetary reward if the person or their dependents sustain a significant accident or disease, or if the person dies.
• Medical care, loss or harm to one's house, or the financial consequences of redundancy are not covered by PRI.