HLV concept helps to determine the _________ limit beyond which life insurance could be speculative.

HLV concept helps to determine the _________ limit beyond which life insurance could be speculative. Correct Answer Upper

HLV concept helps to determine the Upper limit beyond which life insurance could be speculative. HLV helps to determine how much insurance one should have for full protection. It also tells us the upper limit beyond which life insurance would be speculative.
Bissoy MCQ

Related Questions

Which of the following is correct? Statement A. The system of insurance benefits individual, family and the society Statement B. Insurance companies could invest in speculative ventures.
According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
Who devised the concept of HLV?
On Dhaka- Sylet highway , 5% of the drives are fined for exceeding the speed limit. However , 80% of the drivers who exceed the speed limit are not fined. What percentage of dirvers on this highway exceed the speed limit?
নৌ-বিমার ক্ষতির পরিমাণ ও বিমা দাবি আদায় নিচের কোন ক্ষেত্রে সহজ? (In which of the following marine insurance cases: it is easy to determine the amount of loss and recovery of insurance claim?)
A concept is a word or a phrase which symbolizes the phenomenon and helps to communicate the finding. Which fact about the concept is wrong?
Apart from the salary level, what another key feature of Alok’s job is likely to have a major impact on the level of his pension, life insurance, and health insurance needs?
Which of the following speculative activities is based on disparity in quoted prices in different markets?
The player's popularity has given him a great deal of (credit to enhance his speculative capacity) with the owners of the team.
Identify the sentence (s) in which the word mean the following sentence(s) would express her/his idea implies wealth or resources. (1) Do not try to live beyond your means. (2) Television is an effective means of communication. (3) Do not try to live beyond your means.