A certain percentage of the sum assured is paid periodically according to the terms of policy is known as ________ .
A. Term policy
B. Endowment policy
C. Money-Back Policy
D. Group insurance policy
Answer: Option C
Solution(By Examveda Team)
A certain percentage of the sum assured is paid periodically according to the terms of policy is known as Money-Back Policy.Related Questions on Business and Commerce
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