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Commerce · Q745

Insurance

Graduate and Post Graduate · Commerce · question 745

Q745

Which of the following process does not cover Estate planning?

A.
Surrender
Answer
B.
Nomination
C.
Assignment
D.
Writing a will

Answer: Option A

Solution

Answer: Option A
Solution:
Surrender process does not cover Estate planning. Estate planning is the preparation of tasks that serve to manage an individual's asset base in the event of their incapacitation or death.