GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years
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Term Insurance
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Facultative Reinsurance
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Catastrophe Reinsurance
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Excess of Loss Reinsurance
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Explanation:
Detailed explanation-1: -Policy Term: Term insurance provides coverage for the specified number of years, known as the policy term. In case of an unfortunate event during this period, your nominee will receive the sum assured in your policy.
There is 1 question to complete.