Who has launched three insurance products MSME Suraksha Kavach Policy, Property All Risk (PAR) Policy, and i-Select Liability?

Today General Knowledge(GK)

ICICI Lombard

TATA AIG

New India Assurance

SBI General Insurance

Correct Answer : Option (A) - ICICI Lombard

General insurance company ICICI Lombard on Monday (26th June 2023) announced the launch of three insurance products focusing on MSMEs — MSME Suraksha Kavach Policy, Property All Risk (PAR) Policy, and i-Select Liability to make MSMEs more risk aware and provide them with the benefit of comprehensive coverage to safeguard their businesses.

The MSME Suraksha Kavach Policy is a bundled product to protect MSMEs against loss or damage to property due to defined insured perils.

The policy offers the benefits of optional coverage for STFI (Storms, Typhoons, Cyclones, Tempest, Tornados, Hurricanes, Floods and Inundation), and Terrorism, providing businesses with the flexibility to choose the right level of protection.

The PAR policy covers a range of properties, including buildings, machinery, stocks, and furniture, against loss or damage caused by accidents or misfortunes, unless specifically excluded in the policy.

Lastly, the i-Select Liability Add On is to further enhance the comprehensive Club Royale policy of ICICI Lombard by offering multiple additional covers such as security upgrades, cover on valuables like jewellery or any home event cancellation.

Sanjeev Mantri, Executive Director of ICICI Lombard, said, “In today’s dynamic business landscape, all businesses, especially MSMEs, must have a robust risk management and contingency plans. Insurance plays a pivotal role in this process, offering crucial financial protection and empowering businesses to withstand turbulence and uncertainties.

Our new insurance solutions are specifically designed to empower MSMEs with a wider suite of products, a more comprehensive cover for property related risks and convenience of bundled offering in a singular plan.”..

Source : Financial Express

Published On : June 27, 2023

Category : Insurance and Finance

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NIPFP Forecasts India’s FY25 GDP Growth at____.

5.8%

6.3%

6.7%

7.1%

Correct Answer : 7.1%

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Category : Indian Economy

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China

India

Malaysia

South Korea

Correct Answer : China

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The 27-year-old Asian Games gold medallist shot a score of 711 to finish behind Andrea Becerra of Mexico, who had a score of 713.

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Source : AIR

Published On : April 25, 2024

Category : Sports

Q .

Who has been appointed as the brand ambassador of ICC Men's T20 World Cup 2024?

MS Dhoni

Lionel Messi

Usain Bolt

Sachin Tendulkar

Correct Answer : Usain Bolt

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* Finally, in the 2016 Rio Olympics, he won gold in 100 metres, 200 metres and 4x100 metres.

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Published On : April 25, 2024

Category : Sports