The Benefits of an Endowment Insurance Policy Include All of the Statements

question 396

Multiple Choice

The benefits of an endowment insurance policy include all of the statements mentioned below EXCEPT:

• A) Ideal combination of investment and insurance coverage
• B) Attractive return and maximum security
• C) Amount paid out is guaranteed and taxable returns
• D) Both A&B

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Definitions:

Rehabilitation Therapist

A healthcare professional specialized in helping individuals recover, improve, or maintain the skills needed for daily functioning that have been lost or impaired due to illness, injury, or disability.

Hippocampus

A part of the brain crucial for memory formation and spatial navigation, located within the temporal lobes.

Basal Ganglia

A group of nuclei in the brain associated with a variety of functions, including motor control and learning.

Hippocampus

A region of the brain associated with memory formation, organizing, and storing of memories, and plays a significant role in spatial navigation.