New India Assurance Co Ltd is a type of? Options: A . &nbspLife Insurance Company B . &nbspGeneral Insurance Company C . &nbspRe-insurance Company D . &nbspAll of these

New India Assurance Co Ltd is a type of?

Question

New India Assurance Co Ltd is a type of?

Options:

A . Life Insurance Company

B . General Insurance Company

C . Re-insurance Company

D . All of these

Answer: Option B

Life insurance company is one which provides insurance for death. General Insurance company is one which deals with all other types of insurance other than death like vehicle insurance, House Insurance etc. It is also called non-life insurance.

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