Multiple choice

In what plan of insurance is medical examination never required?

  1. Endowment

  2. Pure endowment

  3. Group insurance

  4. Term assurance

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

An endowment policy is a life insurance contract to pay a lump sum after a specific term (on its 'maturity') or on death. It does not need a medical examination.