Que. 1 : Q1) Which insurance plan gives cover only in the event of death during a specific term ? 1. a) Health Plan 2. b) Term Plan 3. c) Life insurance 4. d) Whole life assurance policy Que. 2 : Q2) What is the excess in the life fund called as ? 1. a) Surplus 2. b) Value stock 3. c) Bonus 4. d)…