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      Question

      ________ is the amount of money an insurance policy

      guarantees to pay before any bonuses are added.
      A Fund Correct Answer Incorrect Answer
      B Annuity Correct Answer Incorrect Answer
      C Sum Assured Correct Answer Incorrect Answer
      D Maturity Value Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Sum assured is the amount of money an insurance policy guarantees to pay before any bonuses are added.

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