which type of insurance product is appropriate for a youn...
which type of insurance product is appropriate for a young couple who is embarking on a holiday trip abroad?
whole life policy
investment linked policy
education endowment policy
term assurance policy
Correct answer is D
Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary.
The effect of the minimum cover on the two vehicles is the the? ...
one of the perils of nature is? ...
A condition precedent to an insurance contract is the ...
The peril insured against by musa is ...
The second document issued to the Eke is ...
full return of premium paid for a contract of insurance is applicable in a situation involving? ...
The right to effect a contract of insurance on the life of a debtor by the creditor is? ...
A loss assessor in a claim settlement process is representing the interest of the? ...