A memorandum added to a policy embodying some alterations to the terms of policy is known as
A) Surrender
B) Endorsement
C) Nomination
D) Breach of Contract
Correct Answer:
Verified
Q3: Master policy is issued for _.
A)Group Insurance
B)Term
Q4: _ can be done by mere endorsement
Q5: The document which contains the terms and
Q6: What is a proposal?
A)A request for an
Q7: Which of these persons will not be
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
Q12: _ in the insurance are just like
Q13: The agents who are selling policies of
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