Post Utme Noun 2019 Commerce Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Noun Commerce examination.

Post Utme Noun 2019 Commerce Objective / Multiple Choice
Question 33 POST_UTME_NOUN • 2019 • COMMERCE • objective

A person purchases a life insurance policy that pays out a lump sum in the event of their death. This is an example of which of the following types of insurance?

Answer Options

A. Term life insurance
Correct Answer B. Whole life insurance
C. Endowment insurance
D. Investment-linked insurance
Correct Answer
B
Correct Option:
Whole life insurance

About This Question

This is Post Utme Noun 2019 Commerce Question 33. It is one of the objective questions from the 2019 Post Utme Noun Commerce examination.

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