Question

What is the purpose of employer-employee scheme?

a.

To provide life insurance coverage to all employees of the company

b.

To provide a retirement benefit to employees

c.

To retain the services of experienced executives and employees

d.

None of the above

Posted under IC22 Life Insurance Underwriting

Answer: (c).To retain the services of experienced executives and employees Explanation:The purpose of employer-employee scheme is to retain the services of experienced executives and employees.

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