Skip to main content
Chapter 22 of 23
Important Questions

Types of Insurance

ICSE · Class 11 · Commerce

Most important questions from Types of Insurance for ICSE Class 11 Commerce board exam 2026. MCQs, short answer, and long answer questions with marks.

65 questions32 flashcards5 concepts

Interactive on Super Tutor

Studying Types of Insurance? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for important questions and more.

1,000+ Class 11 students started this chapter today

65 Questions·
multiple choicemultiple correct

Sample Questions

1multiple correct
1 marks

Which options are included under General Insurance?

Show answer

Fire Insurance, Marine Insurance, Social Insurance

General Insurance includes Fire Insurance, Marine Insurance, Social Insurance, and Miscellaneous Insurance.

2multiple choice
2 marks

Which statement about life insurance business is correct?

Show answer

It means contracts of insurance upon human life and related contingencies

Life insurance business includes contracts on human life and contracts where payment is assured on death or other human-life contingencies.

3multiple correct
1 marks

Which features are true of life insurance?

Show answer

It is a contract between insurer and insured, The insured pays periodic premium, A fixed sum assured is paid on death or expiry

Life insurance is a contract where periodic premium is paid and a fixed sum assured is paid on death or on expiry of the policy period.

4multiple choice
1 marks

Which pair correctly shows the dual purpose of life insurance?

Show answer

Protection and investment

Life insurance serves both protection and investment purposes.

+61 more questions available

Practice All

Frequently Asked Questions

What are the important topics in Types of Insurance for ICSE Class 11 Commerce?
Types of Insurance covers several key topics that are frequently asked in ICSE Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Types of Insurance — ICSE Class 11 Commerce?
Understand the core concepts first, then work through the 65 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in Types of Insurance?
There are 65 practice questions available for Types of Insurance. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

For serious students

Get the full Types of Insurance chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for ICSE Class 11 Commerce.