Category: IC23 APPLICATIONS OF LIFE INSURANCE – 18

Que. 1 : Q1) What provides a method to calculate the quantum of life insurance the family bread earner should go in for to provide for his family in his absence?    1.  a) Insurance basis    2.  b) Human life value    3.  c) Premium calculation    4.  d) None of these Que. 2 : Q2) In which annuity type, both the annuitant and […]