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Agnes purchases a round-trip travel accident policy at the airport before leaving on a business trip. Her policy would be which type of insurance?

A) Industrial health
B) Credit accident and health
C) Business overhead expense
D) Limited risk

User Funk Doc
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1 Answer

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Final answer:

Agnes's round-trip travel accident policy is classified as Limited risk insurance, covering specific accidents or events for a short time during her travel.

Step-by-step explanation:

Agnes purchases a round-trip travel accident policy at the airport before leaving on a business trip. This type of insurance would be categorized as a Limited risk insurance. Limited risk policies are designed to cover specific types of accidents or events for a brief period of time, which in Agnes's case, relates to her round-trip travel.

It's important to differentiate this type of insurance from others. Industrial health insurance often refers to a type of insurance that provides healthcare benefits to industrial workers. Credit accident and health insurance covers loan repayment in the event of disability or death. Business overhead expense insurance helps cover the ongoing expenses of a business during periods when the owner is unable to work.