In India, Whole-Life Assurance Plans, --.

Related MCQs

• Name the Public Sector Life Assurance Company, formed as a Result of Nationalisation of Life Assurance in India.
• Mr. Ramesh is 55 Years' Old, and has 5 Working-Years, Left for Retirement. Currently, His Annual Income is Rupees 5 Lakhs, and He has purchased a Life Assurance Policy of Rupees 15 Lakhs. If He were to die Pre-Maturely, in the Current-Year, it-self, then, How Much Will His Family get from the Life Assurance Company?
• The Premium, Paid for Whole-Life Assurance, is --- than the Premium, Paid for Term Assurance.
• Select the Option, that is True, with Regard to Term Assurance Plans.
• The Conversion-Option in a Term Assurance Plan, can be used to convert the Policy, into Which One of the Following Plans?
• As per Insurance Regulatory and Development Authority of India (I.R.D.A.I.) (Protection of Policy- Holders' Interests) Regulations, 2017, What is the Stipulated Period, within which, Claim under a Life Assurance Policy, shall be paid or shall be disputed, provided that, the Company has received All Relevant Papers?
• Who is protected under the In-Contestability Clause included under a Life Assurance Policy?
• What Will Happen, if the Insured-Person loses the Original Life Assurance Policy-Document?
• For a Life Assurance Policy, Nomination is allowed Under --- of Insurance Act, 1938.
• Mr. Vimal is a 32-Years' Old, Healthy, Non-Smoker, Teetotaller Individual; Who applies for Life Assurance from ABC Limited Insurance Company. Which One of the Following Statements, will Hold True, with Regard to Risk-Acceptance by the Insurance Company?