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When instalment revival can be availed?

A. When policyholder is unable to pay full arrears of premium in lumpsum

B. When the policy could not be revived under special revival scheme

C. Both A & B

D. None of the above

Answer: Option C

Solution(By Examveda Team)

Instalment revival can be availed when policyholder is unable to pay full arrears of premium in lumpsum and when the policy could not be revived under special revival scheme.

This Question Belongs to Commerce >> Insurance

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