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.
claims paid by insurers in the event of loss is irrecoverable when the? ...
modern insurance business was introduced into nigeria by? ...
A life policy holder enjoy days of grace ...
The expert who uses statistics to develop the premium payable in a life contract is an ...