Question

Which of the following is a class of property insurance?

a.

Life insurance

b.

Marine hull insurance

c.

Industrial All Risks insurance

d.

Health insurance

Answer: (c).Industrial All Risks insurance Explanation:Industrial All Risks insurance is a class of property insurance. Other classes of property insurance include standard fire & special perils insurance, engineering insurance, machinery breakdown insurance, boiler explosion insurance, machinery loss of profits insurance, construction plant/machinery insurance, computers/electronic equipments insurance, theft & burglary insurance, and property all risks packages for high value/high exposure mega risks.

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Q. Which of the following is a class of property insurance?

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