What are the benefits of insurance?
Solution. Life Insurance is not a type of general insurance.
Which of the following is not the type of insurance?
Answer. Answer: Lending funds is not a function of insurance. Among the given options option (c) lending funds is the correct answer.
Which of the following is not function of insurance Brainly in?
The general insurance cover that is mandatory is third-party liability car insurance.
Which of the following is not a benefit of insurance? The functions of insurance are risk sharing, assisting in capital formation, economic progress, etc. Lending of money is not a function of insurance. Insurance is a way to protect against financial loss. It is a form of risk management that is primarily hedged against any uncertain future loss.
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