Which of the below losses are covered under keyman insurance?

Property thef
Losses related to the extended period when a key person is unable to work
General liability
Losses caused due to errors and omission

LohaHridoy

10 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 2

Losses related to the extended period when a key person is unable to work are covered under keyman insurance.

10 views Answered 2022-09-01 13:21

Related Questions

Which of the following statements are correcti. In order to be insurable, a risk must be capable of statistical estimation.ii. In insurance, only economic or financial losses can be compensated.?

1 Answers 7 Views

As per IRDA norms, which of the following non-traditional saving life insurance products are permitted in IndiaI. Unit Linked Insurance PlanII. Variable Insurance Plan?

1 Answers 5 Views

Ajay pays insurance premium for his employees. Which of the following insurance premiums will not be treated deductible as compensation paid to an employeeI. Health insurance with benefits payable to an employeeII. Keyman life insurance with benefits payable to Ajay?

1 Answers 5 Views

Which of the following statements are falseI. Policy decisions in an insurance organization mean decisions relating to issue of specific insurance policies.II. Policy decisions in an insurance organization mean decisions relating to different kind of plans of insurance to be offered to the public.?

1 Answers 4 Views

Which of the following statements are correcti. The sum assured under group insurance is not fixed by the individual member.ii. A person whose proposal is declined under individual scheme can get insurance under group policy.?

1 Answers 5 Views

The sum assured under keyman insurance policy is generally linked to which of the following?

1 Answers 10 Views

Amrita is pregnant. She has applied for a term insurance cover. WHICH of the below option will be the best option to choose for an underwriter to offer insurance to Amrita Choose the most likely option.?

1 Answers 6 Views

Which of the following is correct Statement A – Insurance reduces burdens Statement B – Insurance is a system of mutual support. Statement C – Insurance the only method to manage risks.?

1 Answers 8 Views

Which of the following is untrue A. Insurance promotes efficient use of existing resourcesB. Insurance contributes to healthy economy and national productivityC. Insurance policy can be used as a collateral security?

1 Answers 7 Views

Which item of expense is not covered under a typical health insurance cover?

1 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)