Vidyalelo
Commerce · Q49

Insurance

Graduate and Post Graduate · Commerce · question 49

Q49

Which one of the following does not belong to the main products of life insurance?

A.
Term
B.
Whole life
C.
Endowment
D.
Personal accident insurance
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Whole life, Endowment, Term, Investment-linked, Life annuity plan, Medical and health are the main products of life insurance. Motor insurance, Fire/House owners/Householders insurance, Personal accident insurance, Medical and health insurance, Travel insurance are the main products of general insurance.