Under ……policy the sum assured becomes payable on the attainment of a specific age or on death whichever is earlier

Related MCQs

• Under …………., the sum assured is given to the beneficiary only on death of policyholder.
• In …………., the insurer agrees to pay a certain sum of money to the policyholder either on his death or a certain age, which ever is less.
• Bonus payable on maturity of the policy is termed as
• In case of buyback of shares by a listed company, the letter of offer to the shareholders shall be dispatched not earlier than –
• On calls in advance, interest is payable @ ….
• Purchase consideration is payable to …………..
• ………..is the amount payable to the insured on the happening of event.
• Dividend is payable on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the shares.
• No dividend is payable on calls in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• A ‐‐‐‐‐‐‐‐‐‐‐‐ loan is payable on demand