Insurance MCQ Daily-02

InsuranceMCQ_daily_insuranceGK.com

Q-1- Select the expanded form of ALOP used in insurance Agreed Loss of Profits insurance Advance Loss of Profits insurance Additional Loss of Profits insurance Associated Loss of Profits insurance Authorised Loss of Profits insurance Show Answer Option-2 Advance loss of profit (ALOP) insurance provides coverage for financial losses due to delays in construction and … Read more

Insurance MCQ Daily-01

InsuranceMCQ_daily_insuranceGK.com

Q-1- Which of the following is/ are important activities of an organization’s Accounts Department? Processing bills Investments of funds Keeping control on cash Reconciling bank statements All of the above Show Answer Option-5 All of the above Q-2- Why do a person prefer to buy insurance policies through agents? Agents have to earn their commissions … Read more

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