An insurance that could be effected with profit feauture is

  • A term insurance
  • B public liability insurance
  • C endowment assurance
  • D personal accident insurance

The correct answer is C. endowment assurance

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness.

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