Insurance 101

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5 Questions

Which module of the course discusses the concept of insurance?

Module 1

What is the purpose of risk management?

To handle risks effectively

Which module discusses the history of insurance in India?

Module 2

What is the role of Insurance Regulatory and Development Authority of India?

To regulate and develop the insurance industry in India

What are the elements of a valid insurance contract?

All of the above

Test your knowledge on insurance with this quiz! Learn about the concept of insurance, types of risk, risk management techniques, and the role of insurance in society. Explore the Indian insurance market and its history. Discover the purpose and need for insurance, as well as considerations before opting for it.

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