1.

State the incorrect statement of the following ones.

A. n a term insurance the benefits are fixed throughout the duration
B. n an MRI the insurance benefit on account of cover will decrease year after year
C. here is no material difference between a term insurance policy and an MRI as far as benefits are concerned
D. RI is suitable for a loan sought from a bank as a mortgage cover
Answer» D. RI is suitable for a loan sought from a bank as a mortgage cover


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