A. maturity A. at surrender B. at death C. before maturity Correct Answer: Option B B. at death Explanation The…
A. consideration B. gratification C. commission D. claim Correct Answer: Option D D. claim Explanation An insurance claim is a…
A. one month B. one year C. two years D. three years Correct Answer: Option B B. one year
A. premium B. claim C. renewal D. benefit Correct Answer: Option A A. premium Explanation An insurance premium is the…
A. as soon as the policyholder dies B. up to the date of death of the policyholder C. when the…
A. creation of a common pool B. provision of security C. stimulation of business enterprises D. loss prevention and control…
A. to accept all risks proposed for insurance B. the right to sue the insurer C. to make a claim…
A. required by law for all motor policyholders B. a general practice worldwide C. a support to policy document D.…
A. age and health condition of the employees B. the number of employees and the annual wage roll of the…
A. whole life policy B. investment-linked policy C. education endowment policy D. term assurance policy Correct Answer: Option D D.…