Davinder Singh
Davinder Singh - 1 year ago in Daily GK Current Affairs

Read the following statements carefully:

1.‚ÄčInsurance regulator IRDAI has allowed the distribution of all micro-insurance products through point-of-sales (PoS). It aims to increase insurance penetration in the country.

2..Micro-insurance policies are designed to promote insurance coverage among economically vulnerable sections.

3.A micro-insurance policy is a general or life insurance policy with a sum assured of Rs. 25,000 or less.

Which of the above statements is/are correct?

[A] Only 2
[B] Only 1 and 2
[C] Only 1 and 3
[D] Only 2 and 3
[E] All are correct

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