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Que. 1 : Life insurance provides protection against those risk events that can destroy or diminish the ____________________ of human life as an asset.    1.  Value    2.  Consideration    3.  All of the above    4.  None of the above Que. 2 : _________________________means that after the occurrence of an event like fire, the insurer can assess the exact amount of loss that has occurred and pays compensation only to the amount of loss – no more, no less.    1.  Indemnity    2.  Assurance    3.  Asset    4.  Value Que. 3 : B2B sales involves:- … Continue reading “IC38 Mock Test English 3”