Question

Which subclass of 'Long Term Business' typically offers protection against the loss of income if the insured passes away?

a.

Unit Linked Contracts

b.

Inflation Linked Contracts

c.

Annuities

d.

Life insurance

Answer: (d).Life insurance Explanation:Life insurance is a subclass of long term business that offers protection against the loss of income if the insured passes away.

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Q. Which subclass of 'Long Term Business' typically offers protection against the loss of income if the insured passes away?

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