Vidyalelo
Commerce · Q848

Insurance

Graduate and Post Graduate · Commerce · question 848

Q848

Terminal Bonus would _________ with the duration/term of the policy.

A.
Increase
Answer
B.
Decrease
C.
Either increase/decrease
D.
Bear no connection

Answer: Option A

Solution

Answer: Option A
Solution:
Terminal Bonus would increase with the duration/term of the policy.