1)A risk that can be insured must be legal and not against public policy.
This is whereby clients who wants
to insure things or life or the
things insured must not involve
any illegal activity or crime.
True or false?
2) Endowment is the cheapest life insurance that a person can buy.
True or False?
3) A risk that can be insured should have financial value. this is whereby the loss can measured in terms of RM.
True or False?