Solved EPFO APFC Question
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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