Which one of the following statement is correct?
A) When a policy lapses, the policy holders loses everything
B) When a policy lapses, some benefits are protected
C) Both statements are Correct
D) Both the statements are wrong
Correct Answer:
Verified
Q15: The net premium will be _
A)less than
Q16: When interest rates fall, the tabular premium
Q17: The reason for charging level premium is
Q18: What is meant by a claim under
Q19: Which one of the following statement is
Q20: Which one of the following statement is
Q21: Which one of the following statement is
Q22: Which one of the following statement is
Q23: Which one of the following statement is
Q25: Which one of the following statement is
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