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 _________

Related MCQs

• __________ is a voluntary termination of the contract by the policy holders.
• Gross premium means Net premium plus ________
• ________ is the total premium that a policy holder pays
• ________ means a premium which remains unchanged through out the life of a policy.
• Which of the following is true? A. Policy form is a legal document. B. The warranties inserted in a policy safeguard the interest of the insured.
• Under ________ insurance, loss of profit policy is called as consequential loss policy
• The receipt and rate of premium is mentioned in _____ clause.
• An unlooked mishap or an untoward event which is not expected or designed
• __________ is an age which a person or insured has attained in relation to a given date.
• ________ Means restoring the victim of a loss by payment, repair or replacement.