Question

Which type of insurance product is suitable for single persons?

a.

Term Insurance Contracts

b.

Endowment Assurances

c.

Unit Linked Plans

d.

Deferred Annuity Contracts

Answer: (d).Deferred Annuity Contracts Explanation:Single persons would typically opt for Deferred Annuity Contracts for old age income or to meet funeral expenses.

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Q. Which type of insurance product is suitable for single persons?

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