__________ is a voluntary termination of the contract by thepolicy holders.

Related MCQs

• RPG rule 1988 set up an institution for building the confidence of the policy holders in insurance.
• 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 _____
• Insurance contract is sort of contract which is approved by
• Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.
• The document which contains the terms and conditions of the life insurance contract is termed as the
• Which of the following is an evidence of insurance contract?
• The document which embodies the contract in insurance is called…………
• The first insurance contract was entered into by European maritime nations in 1347 to accept ……..insurance as a practice.
• A contract of insurance is a ________ agreement.
• Which of the following insurance contract is not based on the principle of indemnity.