Match the type of insurance to the coverage it provides.
1 answer:
The answers include the following:
- Insurance that covers the insured only for a specific, stated term, such as ten years endowment - Term life insurance
- Insurance that covers the insured for life, and for which premiums are paid by the insured until his death ordinary whole life - Whole life insurance.
- Insurance that covers the insured for life, for which he only has to pay a certain number of years - Limited-payment life insurance.
- Insurance that provides both insurance and savings term- Universal life insurance.
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What is Insurance?</h3>
This is a form of risk management which protects individuals from any form of loss or damage.
Life insurance has different types which are appropriately mentioned and matched above.
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