Vidyalelo
Commerce · Q557

Insurance

Graduate and Post Graduate · Commerce · question 557

Q557

State which is correct out of the following

A.
A Term Insurance policy cannot be convered into any other policy during its duration
B.
Term policy is available both a separate policy and as a rider in another policy
Answer
C.
Term policy can be issued with lifelong renewability option
D.
All Term covers will have a disability rider

Answer: Option B

Solution

Answer: Option B
Solution:
Term policy is available both a separate policy and as a rider in another policy.