Mr. Sudhir had taken an Insurance-Cover of Rupees 25 Lakhs, from ABC Insurance Company, 20 Years Back. On Maturity, the Company pays the Sum-Assured Plus Accumulated Bonuses, Less the Dues (Outstand ing Premium(s) ) , as the Maturity-Claim, to Mr. Sudhir. Which Type of Plan, was taken, by Mr. Sudhir?
A) Participating Plan
B) Return of Premium(s) Plan
C) Unit-Linked Insurance Plan (U.L.I.P.)
D) Money-Back Assurance Plan
Correct Answer:
Verified
Q9: Which One of the Following Claims, can
Q10: Which One of the Following Documents, is
Q11: Which One of the Following Documents, needs
Q12: Mr. Rahul had purchased an Insurance-Cover, from
Q13: Mr. Vishal had taken an Insurance of
Q15: Mr. Kapil had taken Insurance-Cover of Rupees
Q16: Why Do, Insurers need Material Information?
A)For Documentation
Q17: Which Element of a Valid Contract, relates
Q18: Identify the Choice, which relates to In-Accurate
Q19: Identify the Option, that can be treated
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