Que. 1 : Q1)Who among the below is not allowed to buy an insurance product? 1. a) A senior citizen 2. b) A person above 18 years of age 3. c) A person below 18 years of age 4. d) An unmarried woman Que. 2 : Q2)Mr.X Buys an Endowment Assurance contract with profits for a sum assured of Rs.1,00,000 policy…