What are the 4 types of insurance?

Question

Accepted Answer

The 4 types of insurance are life insurance, health insurance, property insurance, and liability insurance.

Life insurance provides financial protection to the beneficiaries of the policyholder in case of their death.
Health insurance covers medical expenses incurred by the policyholder.
Property insurance protects against damage or loss of property due to natural disasters, theft, or other events.
Liability insurance covers legal expenses and damages in case the policyholder is found liable for causing harm to someone else or their property.
Examples include term life insurance, auto insurance, homeowner's insurance, and professional liability insurance.

Accepted Answer

Accepted Answer

1)Life insurance

2) property insurance

3)fire insurance

4) social insurance

Accepted Answer

Different Types of insurance Policies available in India
1. Health insurance
2. Home insurance
3. Fire insurance
4. Travel insurance

Top BigBasket Life Insurance Advisor interview questions & answers