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  3. Study Set
    Business Law Study Set 3
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    Exam 47: Insurance
  5. Question
    Raj Obtains an Insurance Policy from Secure Insurance Inc
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Raj Obtains an Insurance Policy from Secure Insurance Inc

Question 3

Question 3

Multiple Choice

Raj obtains an insurance policy from Secure Insurance Inc. The policy provides that on Raj's death the insurer will pay $500,000 to Raj's spouse. This is


A) major medical insurance.
B) key-person insurance.
C) life insurance.
D) all-risk insurance.

Correct Answer:

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