Multiple choice

General insurance could help in achieving all of the following objectives EXCEPT:

  1. protection against loss to business premises

  2. making windfall gains on the occurrence of a contingent event

  3. protection against errors and omissions

  4. protection against property losses

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

General insurance cannot be used to make windfall gains on the occurrence of a contingent event.