A. whole life policy
B. annuity policy
C. key-man policy
D. endowment policy
Correct Answer: Option A
A. whole life policy
Explanation
Whole life policy: Is a life insurance policy that is guaranteed to remain in force for the insured’s entire lifetime, provided required premiums are paid, or to the maturity date. it can only be cashed after the death of the insured.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…