G9_PPt - Click to edit Master subtitle style Shivarama Krishna,Rakesh Mohanty Ravi Mahrotra Sanchita Dutta Sangram Padhy Santosh Yadav Satya Narayn

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Click to edit Master subtitle style 5/30/11 Shivarama Krishna,Rakesh Mohanty, Ravi Mahrotra, Sanchita Dutta, Sangram Padhy, Santosh Yadav, Satya Narayn Rath, Shekhar Mishra, Shobha Singh ,
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
5/30/11 Money back policy provides for periodic payments of partial survival benefits during the term of the policy, as long as the policyholder is alive. They differ from endowment policy in the sense that in endowment policy survival benefits are payable only at the end of the endowment period. An important feature of money back policies is that in the event of death at any time within the policy term, the death claim comprises full sum assured without deducting any of the
Background image of page 2
5/30/11 An endowment policy covers risk for a specified period, at the end of which the sum assured is paid back to the policyholder, along with the bonus accumulated during the term of the policy. An endowment life insurance policy is designed primarily to provide a living benefit and only secondarily to provide life
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/30/2011 for the course ECON 101 taught by Professor Ke during the Spring '11 term at Lethbridge College.

Page1 / 9

G9_PPt - Click to edit Master subtitle style Shivarama Krishna,Rakesh Mohanty Ravi Mahrotra Sanchita Dutta Sangram Padhy Santosh Yadav Satya Narayn

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online