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O-LevelCommerceInsurance7100/12 · May/June 2016 · Q301 Mark

Which type of personal insurance policy has a surrender value if the policyholder decides to stop paying the premiums?

Aendowment
Bmortgage protection
Cmotor
Dpersonal accident

✓ Correct answer

A: endowment

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2016 Paper 1 Variant 2, question 30.

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