Which of the statements is correct? Under a fire policy A. Insurance i – McqOptions

MCQOPTIONS

1.	Which of the statements is correct? Under a fire policy A. Insurance is a transfer of risk mechanism. B. Insurance gives physical protection to assets.
A.	Statement A. is correct
B.	Statement B. is correct
C.	Both are correct
D.	Neither is correct
Answer» C. Both are correct

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