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This question belongs to Commerce Insurance

Insurance

?

State the correct position

A) In Money Back Claim on maturity the balance sum alone is payable along with attached bonus, if any B) In the above case full sum assured is payable C) Nothing more is payable after the instalments are paid to the assured D) On death before the end of the policy in the above case the balance sum is payable

Answer & Solution

Correct Answer: Option A

In Money Back Claim on maturity the balance sum alone is payable along with attached bonus, if any.

Question posted by Examveda

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