Q69
A certain percentage of the sum assured is paid periodically according to the terms of policy is known as ________ .
A.
Term policy
B.
Endowment policy
C.
Money-Back Policy
AnswerD.
Group insurance policy
Answer: Option C
Solution
Answer: Option C
Solution:
A certain percentage of the sum assured is paid periodically according to the terms of policy is known as Money-Back Policy.