CII IF2 Practice Questions - CII IF2 General Insurance Business Exam

Which of these is the main purpose of insurance for a policyholder?

To make a profit from claims To transfer the financial consequences of a risk to an insurer To remove the risk of loss entirely To avoid paying any tax

Correct Answer:

To transfer the financial consequences of a risk to an insurer

Access more questions from this quiz

Continue to CII IF2 Practice Questions - CII IF2 General Insurance Business Exam for more practice questions and the full quiz experience.

Access More Questions