Home » Commerce » Under the endowment policy, the money handed over to the insured at the expiration of…Under the endowment policy, the money handed over to the insured at the expiration of… Under the endowment policy, the money handed over to the insured at the expiration of the stipulated time or at death is the? A. indemnity B. surrender value C. lump sum benefit D. insurance premium Correct Answer: Option C Explanation Related Posts In the event of winding up of a company, who among the following is paid… Which of the following is not a function of commerce? Marketing mix consists of A refund of the duty collected on goods imported into a country which are later… The body charged with divesting government interests in public enterprises is? All the following are principles of insurance EXCEPT
