Which of the following policies could be taken for a guaranteed life income?

By: |Published on: Jul 28|Categories: Commerce WAEC| 0 comments

A. Endowment assurance
B. Household policy
C. Annuity
D. personal accident insurance
E. Consequential loss insurance

Correct Answer:

Option C – Annuity

Users Also Read These:

SEE ALSO  If the turnover of as business is N16,000 and the cost of goods N12,000, what is the percentage of gross profit on sales?

Copyright warnings! Do not copy.