Policy holders are expected to pay premium on due dates a period of 15-30 days is allowed as grace to make payment of premium from the due date is
A) Day of grace
B) Days of indemnity
C) Both
D) None
Correct Answer:
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Q15: Life insurance policy are issued for_ years
Q16: _ is known as Rashtriya Krishi Bima
Q17: Risk insured against death is a contract
Q18: _ policy issued on the basis of
Q19: The danger of loss from the unforeseen
Q21: _ is a theft committed by breaking
Q22: The central office of LIC of India
Q23: From the following which is not an
Q24: ----------is based on the principle of co-operation
A)Indemnity
B)Insurance
C)Claim
D)None
Q25: Fire insurance contract is a contract of
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