Question

What is the benefit of purchasing a generalized insurance policy?

lesser premium needs to be paid
rules out buying extra policies in the future
take lesser time to process
clarifications are addressed in a better manner
only experienced agents handle them

Answer 1

The benefit of purchasing a generalized insurance policy is that rules out buying extra policies in the future. This will help the consumer to have a peace of mind because the consumer will be assured that they will get something out of this in the future.

Answer 2

Answer:

The correct answer is letter "B": rules out buying extra policies in the future.

Explanation:

General insurances provide coverage in almost every field such as automotive, home, health, travel and so on but, it does not provide insureds any benefit in front of death. In that sense, insureds do not need to purchase one insurance per each field. They would suppose to need only life insurance in addition to general insurance.