Question

What type of insurance plans are allowed for keyman insurance according to current regulations?

a.

Whole life insurance plans

b.

Term assurance plans

c.

Endowment insurance plans

d.

Unit linked insurance plans

Answer: (b).Term assurance plans Explanation:Only term assurance plans are allowed for keyman insurance according to current regulations.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What type of insurance plans are allowed for keyman insurance according to current regulations?

Recommended Subjects

Are you eager to expand your knowledge beyond IC22 Life Insurance Underwriting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!