IIA
IIA-CFSA · Question #420
The benefits of an endowment insurance policy include all of the statements mentioned below EXCEPT:
The correct answer is C. Amount paid out is guaranteed and taxable returns. See the full explanation below for the reasoning.
Question
The benefits of an endowment insurance policy include all of the statements mentioned below EXCEPT:
Options
- AIdeal combination of investment and insurance coverage
- BAttractive return and maximum security
- CAmount paid out is guaranteed and taxable returns
- DBoth A&B
How the community answered
(29 responses)- A3% (1)
- B14% (4)
- C76% (22)
- D7% (2)
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