Correct Answer: Whole life coverage
Explanation:
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In which of the following types of whole life insurance, does the face amount increase with an increase in inflation?
Which of the following is not considered as a soft commodity?
A corporation has:
Which two of the following types of mutual fund schemes invest only into shares of companies?
Mark had taken an accident insurance policy, which covers losses due to road accidents. His car met with an accident. Due to the accident, he suffered from a shock. Due to the imbalance caused by the shock, he fell into a river and lost his life due to drowning.
Will his death be covered by the accident policy that he had taken?
Which of the following types of schemes are close-ended in nature?
State whether the following statement is true or false. "Equity shareholders have first preference in regard to the repayment of capital over others at the time of winding up of a company."
Which of the following is the highest possible rating assigned to the bonds of an issuer by credit rating agencies such as Standard & Poor's and Fitch Ratings?
International Funds or Foreign Funds invest only outside the home country.
Which of the following statements regarding mutual fund schemes is true?