a. Briefly explain the basic characteristics of ordinary life policies. b. Why does an ordinary life insurance
Question:
b. Why does an ordinary life insurance policy develop a legal reserve?
c. Explain the situations that justify the purchase of ordinary life insurance.
d. What is the major limitation of ordinary life insurance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a Ordinary life insurance provides lifetime protection The premiums are level and payable for life T...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
2+ Reviews
10+ Question Solved
Related Book For 
Principles Of Risk Management And Insurance
ISBN: 399
12th Edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
