CBSE BOARD XII, asked by singhjitendra951, 1 year ago

What is the maximum cover that can be provided in micro insurance?

Answers

Answered by ayushi37
0
50000 is the maximum cover that can be provided in microinsurance.
Answered by Shaizakincsem
0
50000 is the maximum coverage that can be given in microinsurance.

Insurance items that offer coverage to low-salary family units. A microinsurance design gives security to people who have little reserve funds and is customized particularly to bring down esteemed resources and remuneration for ailment, damage or death.

Microinsurance is the insurance of low-salary individuals (those living on between roughly $1 and $4 every day( underneath $4)) against particular dangers in return for normal premium installment proportionate to the probability and cost of the risks included.
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