Compared to the premium for a Whole Life plan, the premium for an Endowment plan will be ____________ for the same age

Related MCQs

• Gross Premium means Net Premium plus___________
• 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 _____
• Gross premium means Net premium plus ________
• The policy for which the premium is payable throughout the life of the assured is known as
• 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 _____
• ________ means a premium which remains unchanged through out the life of a policy.
• The agents who are selling policies of several life and non life insurance companies at a time are known as
• ………..is the first comprehensive legislation governed both life and non-life branches of insurance was enacted to provide strict state control over the insurance business in India.
• …………are agents but they can sell policies of several life and non-life insurance companies at a time.
• The person responsible for evaluation and acceptance / rejection of risks and computation of premium in insurance is called