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endowment policy is
Question:
medium
Endowment policy is:
CBSE Class X - 2024
CBSE Class X
Updated On:
Jan 13, 2026
Life Insurance Policy
Marine Insurance Policy
Fire Insurance Policy
Health Insurance Policy
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The Correct Option is
A
Solution and Explanation
A life insurance endowment policy pays a single sum to the policyholder upon the term's expiration or to designated beneficiaries if the policyholder dies before then.
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