A contract whereby one undertakes to indemnify another or pay a specified amount upon determinable contingencies is called:
A) Demand draft
B) Loan
C) Insurance
D) Term deposit
Correct Answer:
Verified
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A) Permanent life insurance
B)
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Q230: Which of the following is least expensive
Q231: Whole life insurance protects for:
A) A specified
Q232: Which of the following are duties of
Q233: Some general criticisms on variable life insurance
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