Question

Q1.As the age increases risk on the life _______. (A) Increases. (B) Decreases. (C) does not change. (D) Moderate. Q2.The document which contains the terms and conditions of the life insurance contract is termed as the __________. (A) Cover note. (B) Life insurance policy. (C)Agreement. (D) Other document. Q3 The main purpose of having Life insurance is: (a)As an avenue for long-term investment (b) As a medium for getting income tax benefits from savings (c)As a governmental programme for reducing poverty (d)As an avenue for short-term investment​

Answer 1

Answer:

1. increases

2. cover note

3. as an revenue for short time investment

Answer 2

Answer:

a

Explanation:

Q1.As the age increases risk on the life _______. (A) Increases. (B) Decreases. (C) does not change. (D) Moderate. Q2.The document which contains the terms and conditions of the life insurance contract is termed as the __________. (A) Cover note. (B) Life insurance policy. (C)Agreement. (D) Other document. Q3 The main purpose of having Life insurance is: (a)As an avenue for long-term investment (b) As a medium for getting income tax benefits from savings (c)As a governmental programme for reducing poverty (d)As an avenue for short-term investment