Page 23 - Life Assurance
P. 23
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Questions for
Review and Discussion
1- What is life assurance (from social and
economic stand point) .
2- State the principal types of life assurance
policy.
3- Explain how the insured values of life
policies may be used as a guide to the levels of
wealth in different occupations and age groups.
4- It has been said that an average business
person wouldn't think of leaving a factory
building uninsured, but the business person
neglects to insure the lives of important key
executives who may be more valuable than the
building. Do you agree? In what way might a
key executive be more valuable than the
building?
5- How can the economic loss of a family
breadwinner be measured?
Life21/life/life08
40
Questions for
Review and Discussion
1- What is life assurance (from social and
economic stand point) .
2- State the principal types of life assurance
policy.
3- Explain how the insured values of life
policies may be used as a guide to the levels of
wealth in different occupations and age groups.
4- It has been said that an average business
person wouldn't think of leaving a factory
building uninsured, but the business person
neglects to insure the lives of important key
executives who may be more valuable than the
building. Do you agree? In what way might a
key executive be more valuable than the
building?
5- How can the economic loss of a family
breadwinner be measured?
Life21/life/life08
40
