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Which of the ...

Question

Which of the following is an example of group insurance in India?

A

Workers Compensation Insurance

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B

Group Pension/Superannuation Plans

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C

Public Liability Insurance

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D

All of the above

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Solution

The correct option is B All of the above
Following are examples of group insurance in India:
a) Workers Compensation Insurance
b) Group Pension/Superannuation Plans
c) Public Liability Insurance
Group insurance policy is a type of policy by which a group of people subscribe for one single policy. Usually group insurance offers discounts on the basis of number of members.

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