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Answer : 1. "Life insurance"
The word 'Assurance' is used in—
5Q:
The word 'Assurance' is used in—
- 1Life insurancetrue
- 2Fire insurancefalse
- 3Marine insurancefalse
- 4Medical insurancefalse
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Answer : 1. "Life insurance"
Explanation :
The term assurance is used in the insurance industry, that too in the context of life and term insurance policies. In a life insurance policy, the policyholder is assured that he will receive compensation in case of a certain event such as death or disability.