Paid-up value is payable on a life insurance policy

Q. Paid-up value is payable on a life insurance policy________.

A.            on the maturity of the policy.

B.            when the policy lapses.

C.            when the policy is surrendered.

D.            on maturity or death whichever is earlier.

Answer: on maturity or death whichever is earlier

We will be happy to hear your thoughts

Leave a reply

Gkseries.com
Logo
Register New Account