-----------------------insurance is a cash value policy that provides life time protection by paying a lump sum death benefits.

Related MCQs

• ----------------- insurance policy pay the assured sum on maturity of the policy or on the death of the insured whichever is ealier
• The person who seeks protection against a risk and to whom the insurance policy is issued is known as ………….
• ………. of a life policy means transferring the rights of the insured in respect of the policy to another one
• General Insurance relates to insurance against
• Reinstatement policy is related in the case of which policy
• In the case of life insurance HLV refers to………….
• Life Insurance Corporation of India was formed in the year …….
• When the life insurance corporation of India was formed?
• When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as:
• What percentage of their deposits is kept as cash by the banks in India?