Question

What does Group (Term) Insurance Scheme cover?

a.

Only critical illness.

b.

Only disability.

c.

Only death.

d.

Death and maturity.

Posted under IC 89 Management Accounting

Answer: (c).Only death. Explanation:Group (Term) Insurance Scheme covers only on death, and there is no maturity value at the end of the term.

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Q. What does Group (Term) Insurance Scheme cover?
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