Q. Economic utility refers to _____________________________ .

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Q. Look at the two statements below and choose the correct option:

1. Employer can buy insurance for his employees.
2. A husband can buy insurance for his wife.

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Q. A contract of insurance concludes when _______________________ .

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Q. Insurance is purchased to ________________________ .

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Q. Which of the below statement is false?

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Q. Who among the below is not allowed to buy an insurance product?

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Q. Why are insurance products mostly sold and rarely purchased?

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Q. What does insurable interest ensure?

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Q. Who is eligible to enter into an insurance contract?

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Q. What is the purpose of insurance contracts?

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Q. Which statement accurately defines insurance?

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Q. Which type of insurance product is suitable for casual workers or unorganized workers?

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Q. What type of insurance product is recommended for borrowers?

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Q. Which type of insurance product is suitable for single persons?

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Q. What is the recommended insurance product for retired employees?

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Q. What type of insurance product would be typically suitable for a student?

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Q. What is emphasized as necessary to meet the insurance needs of various segments of people?

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Q. What is NOT a factor contributing to individuals not prioritizing life insurance products?

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Q. How does the complexity of insurance products contribute to individuals not prioritizing them?

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Q. What could be another reason for individuals not prioritizing life insurance products?

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