Consideration on the part of the life insured in respect of a life insurance contract is _______
A) a promise to take a new policy
B) the insured promise to pay the premium under the policy
C) the payment made towards premium by the insured
D) proposal completed and signed by the person
Correct Answer:
Verified
Q2: The policy holder's duty to disclose material
Q3: Master policy is issued for _
A)Term insurance
Q4: Who pays premium under social security group
Q5: Subrogation means _
A)something of monetary value
B)to make
Q6: What is full form of FPA in
Q7: Premium fixed by insurance company must be
Q8: Broker's Association of India was granted recognition
Q9: Foreign equity participation is allowed in insurance
Q10: Moral hazard may be suspected in cases
Q11: Which one of the following statements is
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