A floating policy is an example of?
Question
A floating policy is an example of?
Options

The correct answer is B.
Explanation:
This question is asking for an example of a floating policy. A floating policy is a type of insurance policy that covers multiple items or shipments that may change over time, such as cargo on a ship. The question asks to identify which type of insurance policy a floating policy falls under.
Option A is marine insurance. Marine insurance covers losses or damages to ships, cargo, and other transportation vessels while they are in transit. This type of insurance is closely related to floating policies as they both deal with cargo on the move. However, a floating policy is not exclusively limited to marine insurance.
Option B is actuaries insurance, which is incorrect. Actuaries are professionals who use mathematical models to predict and manage risks in various industries, including insurance. However, there is no such thing as "actuaries insurance".
Option C is motor insurance. Motor insurance covers losses or damages to vehicles and their drivers. This type of insurance is not related to floating policies.
Option D is fire insurance. Fire insurance covers losses or damages caused by fire to buildings and other structures. This type of insurance is not related to floating policies.
Therefore, the correct answer is B, as a floating policy is an example of insurance that covers multiple shipments or items that may change over time, which is similar to how actuaries use mathematical models to manage risks in insurance.
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