IAI SP2 Practice Questions - IAI Subject SP2 Life Insurance Principles Exam

Which of the following is a guarantee commonly offered on a conventional with-profits endowment?

A guaranteed basic sum assured plus attaching bonuses payable at maturity A guaranteed unit price each year A guaranteed surrender of all future premiums A guaranteed minimum rate of future bonus declaration

Correct Answer:

A guaranteed basic sum assured plus attaching bonuses payable at maturity

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