Which of the Following Is NOT the Benefit of an Endowment

question 156

Multiple Choice

Which of the following is NOT the benefit of an endowment insurance policy?

• A) Ideal combination of investment and insurance coverage
• B) Attractive return and maximum security
• C) Amount paid out is guaranteed with tax free returns
• D) None of these

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Definitions:

Concentration

A growth strategy to expand within the same business area.

Growth

The process of increasing in physical size, capacity, production, or the comprehensive development of entities.

Primary Business

The central, key, or main area of business focus or activity for a company.

Liquidation

What occurs when a business closes and sells its assets to pay creditors.