………..is the amount payable to the insured on the happening of event.

Related MCQs

• ------ is a liability which may or may not arise in future depending on happening of some uncertain future event.
• An item which may or may not be the liability of the company due to happening of certain event is…………
• Dividend is payable on the amount of…………………………..
• ……………….is the amount payable by the purchasing companies to the vendor company for taking over the business of vendor company.
• Amount due to workman is rank with ……………….in the event of liquidation of the company.
• On calls in advance, interest is payable @ ….
• Under ……policy the sum assured becomes payable on the attainment of a specific age or on death whichever is earlier
• Bonus payable on maturity of the policy is termed as
• Purchase consideration is payable to …………..
• Dividend is payable on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the shares.