The type of life insurance policy where the premium goes ...
The type of life insurance policy where the premium goes towards the policy with no interest element is
endowment policy
whole life insurance
annuity policy
term insurance
Correct answer is A
Endowment life insurance policies do not have investment risk or interest rate risk. an endowment policy does not earn any interest throughout the term.
A general question in an insurance proposal form is ...
Insurance is defined as pooling of risk because many people ...
Which of the following conditions must be met before an insurer is under obligation to pay claim ...
The use of gas burners for cutting and welding is considered in insurance contract as ...
The price paid for the purchase of insurance policy is? ...
A loss assessor in a claim settlement process is representing the interest of the? ...
Marine cargo insurance indemnifies the insured for a loss of? ...
The second document issued to the Eke is ...
The first insurance company to establish its branch office in Nigeria is ...