Insurance · EPFO APFC · Question 2 of 30

Insurance – Question 2

Step-by-step solution. Insurance for EPFO APFC.

Topic
Insurance
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · InsuranceMedium · 45s

Which type of insurance does NOT come under the principle of indemnity?

TopicInsurance
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

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Life cannot be valued precisely; life insurance provides an agreed sum, not indemnity.

Final Answer: Option (C) Life Insurance
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Insurance Question 2 – EPFO APFC