Examveda
Examveda

Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as

A. debit unions

B. life insurance companies

C. credit unions

D. auto purchases

Answer: Option B

Solution(By Examveda Team)

Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as life insurance companies.

This Question Belongs to Commerce >> Financial Management

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