Senior Claims Associate

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Senior Claims Associate Interview Questions and Answers for Freshers

Updated 26 Oct 2023

Q1. What is an Insurance

Ans.

Insurance is a financial protection against potential losses or damages.

  • Insurance is a contract between an individual or organization and an insurance company.

  • The individual or organization pays a premium in exchange for coverage against specific risks.

  • In case of a covered loss or damage, the insurance company compensates the policyholder.

  • Types of insurance include health, auto, home, life, and business insurance.

  • Insurance helps individuals and organizations manage financial ...read more

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