Write the name of miscellaneous insurance.

Solution

Some important types of insurance has been discussed below :

(i) Motor vehicle insurance : It protects against the loss to the vehicle, passenger or third party due to motor accident.

(ii) Burglary insurance : It provides protection against burglary and theft.

(iii) Personal accident insurance : It protects against loss caused by accident for person.

(iv) Fidelity insurance: It protects against the loss caused by embezzlement and fraud of employees.

(v) Employees estate insurance : It provides protection to employees against injury, sickness and loss of health.

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