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11th Standard English Medium Commerce Subject Insurance Creative 2 Mark Questions with Solution Part - II Question Bank Software Jun-26 , 2021

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11th Standard English Medium Commerce Subject Insurance Creative 2 Mark Questions with Solution Part - II

11th Standard English Medium Commerce Subject Insurance Creative 2 Mark Questions with Solution Part - II

11th Standard

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Commerce

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10

  1. How is Insurable Interest applied to various types of Insurance?

  2. State any two differences between whole life policy and endowment policy.

  3. State the difference between Double Insurance and re-insurance?

  4. What is Double Insurance?

  5. What do you mean by surrender value?

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