You are Paying a Higher Premium towards Your Life Assurance Policy, as compared to the Others. What Impact, will it have, on the Compensation-Paid, (as compared to the Others) , to the Beneficiary, in the Event of Your Death?
A) Compensation remains the Same.
B) Compensation will be Higher.
C) Compensation will be Lower.
D) There will be No Compensation.
Correct Answer:
Verified
Q12: The Conversion-Option in a Term Assurance Plan,
Q13: Name the Policy, that combines Pure Life
Q14: Name the Term, used to describe "With-Profits"
Q15: Describe a Tangible Product.
A)A Tangible Product refers
Q16: Describe an In-Tangible Product.
A)An In-Tangible Product refers
Q18: --- is an Example of an In-Tangible
Q19: Inter-Temporal Allocation of Resources, refers to --.
A)Postponing
Q20: From the Following Options, Identify a Non-Traditional
Q21: From the Following Options, Identify a Traditional
Q22: Describe One of the Major Innovations of
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