An insurance that could be effected with profit feauture ...
An insurance that could be effected with profit feauture is
term insurance
public liability insurance
endowment assurance
personal accident insurance
Correct answer is C
An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.
The part of a policy that describes the event that led to a loss is ...
The use of gas burners for cutting and welding is considered in insurance contract as ...
A primary function of insurance is the? ...
Marine cargo insurance indemnifies the insured for a loss of? ...
A term insurance policy is cheap because? ...
Life policies can be used as a collateral for loan when the policy has? ...
The class of insurance that does not require a certificate is? ...