Gross Premium means Net Premium plus___________

Related MCQs

• Gross premium means Net premium plus ________
• Compared to the premium for a Whole Life plan, the premium for an Endowment plan will be ____________ for the same age
• Policy holders are expected to pay premium on due dates, a period of 15-30 days is allowed as grace to make payment of premium from the due date is _____
• ________ means a premium which remains unchanged through out the life of a policy.
• The policy for which the premium is payable throughout the life of the assured is known as
• The person responsible for evaluation and acceptance / rejection of risks and computation of premium in insurance is called
• ____________ is the total premium that a policy holder pays to insurance company
• In cases where a Life Insurance Agent collects the premium from the policyholder and remits it to the insurer’s office, he is acting as an agent of _____
• A policy where the policyholder makes a one-time payment of premium, is known as a ______________:
• ________ is the total premium that a policy holder pays