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Byju's Answer
Standard XI
Accountancy
Debit & Credit for Prepaid Expenses
From the tabl...
Question

From the table above, if a 50-year-old individual wants to buy a life insurance cover of Rs 10 lakh (for a coverage period of 10 years) then his best option is:

A
ICICI Prudential
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B
HDFC Standard Life (Level Term Insurance)
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C
Max New York Life (Till Age 60 Policy)
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D
Cannot be determined
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Solution

The correct option is A ICICI Prudential
ICICI Prudential charges the least premium. Hence, it is the best.

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