Bissoy.com
Doctors Medicines MCQs Q&A

  1. Death benefit amount decreases with term of coverage
  2. Premium amount decreases with term of coverage
  3. Premium remains leveled throughout the term
  4. Mortgage redemption plans are an example of decreasing term assurance plans
5 views

1 Answers

Answer: Option 2

Premium amount increases with the term of coverage. Hence, option (2) is incorrect.

5 views

Related Questions