Question

What are the principal classes of property insurance?

a.

Marine cargo insurance

b.

Life insurance

c.

Standard fire & special perils insurance, engineering insurance, theft & burglary insurance and property all risks packages

d.

Marine hull insurance

Posted under IC85 Reinsurance Management

Answer: (c).Standard fire & special perils insurance, engineering insurance, theft & burglary insurance and property all risks packages Explanation:The principal classes of property insurance are Standard fire & special perils insurance, engineering insurance, theft & burglary insurance and property all risks packages for high value / high exposure mega risks.

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Q. What are the principal classes of property insurance?
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