11th Principles of Commerce MCQS
Insurance is an agreement in which the insurer
Gives profit
Gives interest
Compensates loss
All the above
Why is public not include towards insurance in Pakistan?
All three
Due to ignorance
Due to poverty
Due to economics backwardness
What type of security does life insurance offer
None of a and b
Individual
Collective
Both a and b
According to Jiwan Sathi insurance, the husband and wife are provided with financial security in
Three installments
One installment
Two installments
Four installments
The voyage policy is taken for
Voyage of different countries
Specific centres
Specific person
Specific voyage
1 2
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