Business Studies, asked by anjalishukladz009, 1 year ago

Distinguish between whole-life policy and endowment policy.

Answers

Answered by Anonymous

2

Answer:

The difference is that endowments have a shorter coverage period and mature sooner, usually in 10 to 20 years. ... Endowments typically have high monthly premiums — the shorter the endowment term, the higher the premiums — while whole life policies often have relatively lower monthly or annual premiums.

Explanation:

Previous Question

Next Question

Similar questions

Chemistry, 6 months ago

33) Molecular wieght of a gas is 64. The number of molecules in 1 gram mole of the gas is: A) 6.023x 1020 B) 60.23 x 1021 C) 6.023 x 1023 D) 60.23 x 1023...

History, 6 months ago

1) hi guys what is the full form of dsp?

English, 6 months ago

the boy has sent a mail . add question tag...

Biology, 1 year ago

(g) Given below is an experimental setup to study a particular process. Strong sugar solution Tap water - Cellophane (i) Name the process. (ii) Define the above named process. (iii) What would you observe in the experimental setup after an hour or so? (iv) What control experiment can be setup for the above experiment? (v) Mention two advantages of this process to the plant. [5]...

Chemistry, 1 year ago

buckminster fullerene is an allotrope of...

Environmental Sciences, 1 year ago

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. In which part of the sentence there is an error ? A) He is B) Not agreeing C) To me. D) No error...

Social Sciences, 1 year ago

Which Bank has launched 'Project Nishchay' in partnership with The Boston Consulting Group (BCG) ? A) SBI B) Dena Bank C) IDBI Bank D) Yes Bank...

Math, 1 year ago

A pump can fill a tank with water in 2 hours. Because of a leak, it took 213 hours to fill the tank. The leak can drain all the water of the tank in: A) 7 hours B) 8 hours C) 12 hours D) 14 hours...