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

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

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