15 Views

Question : Which of the following is not a type of life insurance policy?

 

Option 1: Endowment policy

 

Option 2: Term policy
 

Option 3: Annuity policy

 

Option 4: Credit policy


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: Credit policy


Solution : The correct answer is (d). Credit policy

The options listed in the question are types of life insurance policies except for "Credit policy." Credit policies are not a common type of life insurance policy. Life insurance policies typically include options such as endowment policies, term policies, and annuity policies. However, credit policies generally refer to insurance coverage specifically designed to cover outstanding debts or loans.

Related Questions

MAHE Manipal M.Tech 2025
Apply
NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #4
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
Amrita Vishwa Vidyapeetham | ...
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships
UPES B.Tech Admissions 2025
Apply
Ranked #42 among Engineering colleges in India by NIRF | Highest CTC 50 LPA , 100% Placements | Last Date to Apply: 28th March
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books