CBSE Class 11 Business Studies Insurance Worksheet

Read and download free pdf of CBSE Class 11 Business Studies Insurance Worksheet. Students and teachers of Class 11 Business Studies can get free printable Worksheets for Class 11 Business Studies in PDF format prepared as per the latest syllabus and examination pattern in your schools. Standard 11 students should practice questions and answers given here for Business Studies in Grade 11 which will help them to improve your knowledge of all important chapters and its topics. Students should also download free pdf of Class 11 Business Studies Worksheets prepared by school teachers as per the latest NCERT, CBSE, KVS books and syllabus issued this academic year and solve important problems provided here with solutions on daily basis to get more score in school exams and tests

Insurance Class 11 Business Studies Worksheet Pdf

Class 11 Business Studies students should refer to the following printable worksheet in Pdf for Insurance in standard 11. This test paper with questions and answers for Grade 11 Business Studies will be very useful for exams and help you to score good marks

Class 11 Business Studies Worksheet for Insurance

CBSE Class 11 Business Studies - Insurance

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Meaning

Life is full of uncertainties and risk .Buildings may get wholly or partially destroyed due to fire ,storms ,cyclones etc .Goods and other property may be lost or destroyed due to theft ,robbery ,fire flood and such other happenings beyond human control .Both life and property are exposed to risk of accidents e.g, death or serious injury caused by an accident .

Insurance is a means of providing against loss caused by natural or man made factors.

It is a device by which loss likely to be caused by an uncertain event is spread over a number of persons who are exposed to it and who are prepared to insure themselves against such an event .

It is a contract or agreement under which one party agrees in return for a consideration (called ‘premium ‘,which may be monthly ,quarterly ,half yearly or annually ) to pay an agreed amount of money to another party to make good a loss ,damage or injury to something of value

Under the contract of insurance ,the person whose risk is insured is called insured and the firm which insures the risk of loss is known as insurer .

Functions of Insurance

1.) Providing certainty : Insurance provides certainty of payment for the risk of loss .The insurer chargers premium for providing the certainty .

2.) Protection : Insurance provides protection from probable chances of loss .Insurance cannot stop the happenings of a risk or event but can compensate for losses.

3.) Risk sharing :On the happening of a risk event ,the loss or damage is shared by all the insured members (by the way of premium )

4.) Assisting in capital formation : The accumulated funds (i.e premium payments made by insured members) are invested in various income generating schemes .

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Chapter 1 Business Trade and Commerce
CBSE Class 11 Business Studies Nature And Purpose Of Business Worksheet Set A
CBSE Class 11 Business Studies Nature And Purpose Of Business Worksheet Set B
Chapter 2 Forms of Business Organisation
CBSE Class 11 Business Studies Forms Of Business Organisation Worksheet
Chapter 3 Private Public and Global Enterprises
CBSE Class 11 Business Studies Private Public And Global Enterprises Worksheet Set A
CBSE Class 11 Business Studies Private Public And Global Enterprises Worksheet Set B
Chapter 4 Business Services
CBSE Class 11 Business Studies Business Services Worksheet
CBSE Class 11 Business Studies Types Of Business Services Worksheet
Chapter 5 Emerging Modes of Business
CBSE Class 11 Business Studies Emerging Modes Of Business Worksheet
Chapter 6 Social Responsibilities of Business and Business Ethics
CBSE Class 11 Business Studies Business And Business Ethics Worksheet
CBSE Class 11 Business Studies Social Responsibilities Worksheet Set A
CBSE Class 11 Business Studies Social Responsibilities Worksheet Set B
Chapter 7 Formation of a Company
CBSE Class 11 Business Studies Formation Of Company Worksheet
Chapter 8 Sources of Business Finance
CBSE Class 11 Business Studies Sources Of Business Finance Worksheet Set A
CBSE Class 11 Business Studies Sources Of Business Finance Worksheet Set B
Chapter 9 MSME and Business Entrepreneurship
CBSE Class 11 Business Studies Small Business Worksheet
Chapter 10 Internal Trade
CBSE Class 11 Business Studies Internal Trade Worksheet Set A
CBSE Class 11 Business Studies Internal Trade Worksheet Set B
CBSE Class 11 Business Studies Internal Trade Worksheet Set C
Chapter 11 International Business
CBSE Class 11 Business Studies International Business Worksheet
More Worksheets for Class 11 Business Studies
CBSE Class 11 Business Studies Classification Of Business Activities Worksheet
CBSE Class 11 Business Studies Commercial Bank Worksheet
CBSE Class 11 Business Studies Commercial Banks Worksheet
CBSE Class 11 Business Studies Communication Services Worksheet
CBSE Class 11 Business Studies E Banking Worksheet
CBSE Class 11 Business Studies Financial Market Project Worksheet
CBSE Class 11 Business Studies General Insurance Worksheet
CBSE Class 11 Business Studies Insurance Worksheet
CBSE Class 11 Business Studies Long Term Source Of Finance Worksheet
CBSE Class 11 Business Studies Principles Of Insurance Worksheet
CBSE Class 11 Business Studies Revision Worksheet Set A
CBSE Class 11 Business Studies Revision Worksheet Set B
CBSE Class 11 Business Studies Revision Worksheet Set C
CBSE Class 11 Business Studies Revision Worksheet Set D
CBSE Class 11 Business Studies Revision Worksheet Set E
CBSE Class 11 Business Studies Revision Worksheet Set F
CBSE Class 11 Business Studies Revision Worksheet Set G
CBSE Class 11 Business Studies Revision Worksheet Set H
CBSE Class 11 Business Studies Telecom Services Worksheet
CBSE Class 11 Business Studies Types Of Insurance Worksheet
CBSE Class 11 Business Studies Types Of Other Insurances Worksheet

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