Licentiate Examination - IC 11 - Practice of General Insurance Exam - Important Points
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The Machinery Breakdown Policy, Contractors Plant & Machinery Policy, Boiler & Pressure Plant insurance Policy, Electronic Equipment Insurance Policy are the various policies available under Engineering Insurance.
Burglary insurance protects the insured from theft of property and damage to insured property by burglars.
Money insurance protects banks, post offices and other specified premises against theft of money in transit.
Fidelity guarantee insurance indemnifies the employers against the financial loss suffered by them due to the specified dishonest acts of their employees.
Householder's Insurance and Shopkeeper's Insurance protects the respective insured by combining under a single policy a number of contingencies which are otherwise covered under separate policies.
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