Identify which one of the following type of life insurance provides a source of regular income to the assured or to his/her dependents after the expiry of a specified period? a. With profit policy b. Term life policy c. Annuity d. Whole life policy
Identify which one of the following type of life insurance provides a source of regular income to the assured or to his/her dependents after the expiry of a specified period? a. With profit policy b. Term life policy c. Annuity d. Whole life policy
Chapter12: Life Insurance Planning
Section12.3: Understanding Your Life Insurance Policy
Problem 1CC
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Identify which one of the following type of life insurance provides a source of regular income to the assured or to his/her dependents after the expiry of a specified period?
a.
With profit policy
b.
Term life policy
c.
Annuity
d.
Whole life policy
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