In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?

Q. In Insurance policies we always find a date which is “Date of Maturity”. What does it mean?

A.            This is the date on which the policy was sold to the customer/person insured

B.            This is the date on which the policy holder will have to submit his/her claim seeking the amount of the policy. Otherwise the company will not make any payment to him/her

C.            This is the date on which the contract between the person and insurance company will come to an end

D.            None of these

Answer: This is the date on which the contract between the person and insurance company will come to an end

We will be happy to hear your thoughts

Leave a reply

Gkseries.com
Logo
Register New Account