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A type of insurance that is designed to provide insurance cover to couples or partners is known as?
  • a)
    Group Life Insurance
  • b)
    Joint Life Insurance
  • c)
    Couple Life Insurance
  • d)
    Partner Life Insurance
  • e)
    Future Life Insurance
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A type of insurance that is designed to provide insurance cover to cou...
Joint Life Insurance is designed to provide insurance cover to couples or partners. In case of death of one insurer, the partner gets the sum assured. Whereas, Group life insurance is offered to a group like employees of a company.
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A type of insurance that is designed to provide insurance cover to couples or partners is known as?a)Group Life Insuranceb)Joint Life Insurancec)Couple Life Insuranced)Partner Life Insurancee)Future Life InsuranceCorrect answer is option 'B'. Can you explain this answer?
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