Post Utme Coal City University 2021 Commerce Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2021 Commerce Objective / Multiple Choice

Question 29 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A life insurance policy pays a benefit to the policyholder's beneficiaries in the event of the policyholder's death. What is the name of the type of risk that this policy covers?

Answer Options

Correct Answer A. Mortality Risk

B. Liquidity Risk

C. Credit Risk

D. Market Risk

Correct Answer

Correct Option:

Mortality Risk

About This Question

This is Post Utme Coal City University 2021 Commerce Question 29. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.

View More Post Utme Coal City University 2021 Commerce Questions More Post Utme Coal City University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support