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This question belongs to Commerce Insurance

Insurance

?

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 & Solution

Correct Answer: Option C

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.

Question posted by Examveda

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