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Examveda

For the subsequent premiums received by the insurance company after the first premium, the company will issue _________.

A. Revival premium receipt

B. Restoration premium receipt

C. Reinstatement premium receipt

D. Renewal premium receipt

Answer: Option D

Solution(By Examveda Team)

For the subsequent premiums received by the insurance company after the first premium, the company will issue Renewal premium receipt.

This Question Belongs to Commerce >> Insurance

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