In order for the policy to acquire a guaranteed surrender value, for how long must the premium be paid as per law?

A Premiums must be paid for least 2consecuitve years
B Premiums must be paid for least 3consecuitve years
C Premiums must be paid for least 4consecuitve years
D Premiums must be paid for least 5consecuitve years

Correct Answer: Premiums must be paid for least 3consecuitve years

In order for the policy to acquire a guaranteed surrender value, Premiums must be paid for at least 3 consecuitve years the premium be paid as per law.
Bissoy MCQ
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