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______ is for protecting a person or his family against the loss of income because of the death of the insured. - Home Science

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Question

______ is for protecting a person or his family against the loss of income because of the death of the insured.

Fill in the Blanks

Solution

Life insurance is for protecting a person or his family against the loss of income because of the death of the insured.

Explanation:

Life insurance protects a person or their family against the loss of income due to the insured's death.

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Concept of Investment
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Chapter 1: Budgeting and Savings - EXERCISES [Page 18]

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Oswal Home Science [English] Class 10 ICSE
Chapter 1 Budgeting and Savings
EXERCISES | Q 2. (c) | Page 18
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