The document which contains the terms and conditions of the life insurance contract is termed as the
A) Agreement
B) Life Insurance Policy
C) Cover Note
D) Proposal Form
Correct Answer:
Verified
Q1: Insurance is a cooperative form of distributing
Q2: In legal sense, Insurance is a
A)Contract
B)Activity
C)Gambling
D)Publicity
Q3: Master policy is issued for _.
A)Group Insurance
B)Term
Q4: _ can be done by mere endorsement
Q6: What is a proposal?
A)A request for an
Q7: Which of these persons will not be
Q8: A memorandum added to a policy embodying
Q9: Which of the following is an evidence
Q10: The person responsible for evaluation and acceptance
Q11: Insurance prices are called
A)Commissions
B)Allowances
C)Premiums
D)Discounts
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