Vidyalelo
Commerce · Q559

Insurance

Graduate and Post Graduate · Commerce · question 559

Q559

Stet the correct statement?

A.
In endowment assurance survival up to the end of the term as well as in between death will give the claimant the benefits of the policy
Answer
B.
An endowment policy only survival benefit is available
C.
In endowment cover only death benefit is there
D.
Endowment plan and Term insurance are similar in benefits

Answer: Option A

Solution

Answer: Option A
Solution:
In endowment assurance survival up to the end of the term as well as in between death will give the claimant the benefits of the policy.