Related Questions

When is a policy deemed to be lapsed?
A If the premiums are not paid on due date
B If the premiums are not paid before the due date
C If the premium has not been paid even during days of grace
D If the policy is surrendered
During the revival of a lapsed policy, which of the below aspect is considered most significant by the insurance company? Choose the most appropriate option.
A Evidence of insurability at revival
B Revival of the policy leading to increase in risk for the insurance company
C Payment of unpaid premiums with interest
D Insured submitting the revival application within a specified time frame
What is the way to revival a lapsed policy of life insurance?
A Ordinary revival
B Special Revival
C Instalment revival
D Any of the above
Who gets benefited if a policy is lapsed?
A Insurer
B Insured
C Both Insurer & Insured
D None of the above
The man lapsed ---- past memories.
A in
B on
C into
D over
The man lapsed -- past memories .
A in, through
B on
C into
D over
Two men and women are entrusted with a task. The second man needs three hours more to cope up with the job than the second man and the woman would need working together. The first man, working alone, would need as much time as second man and the woman working together. The first man working alone, would spend eight hours less than the double period of the time second man would spend working alone. How much time would the two men and the women need to complete the task if they all asked together?
A 1 hour
B 2 hours
C 3 hours
D 4 hours
E 5 hours
Four subjects ---physics, Chemistry, Mathematics and Biology ---were taught in four consecutive periods of one hour each starting from 8.00 a.m. At what time was the chemistry period scheduled? 1. Mathematics period ended at 10.00 a.m, which was preceded by Biology. 2. Physics was scheduled in the last period. 3. Mathematics period was immediately followed by Chemistry.
A Only 1
B Only 2
C Only 2 and 3
D Only 1 and either 2 or 3
Each of the following problem has a question and two statements which are labeled 1. and. Use the data given in 1. and 2. to decide whether the statements are sufficient to answer the question.Select one of the following . a.Statements (1) ALONE is sufficient,but (2) ALONE is not sufficient. b.Statements (2) ALONE is sufficient,but (1) ALONE is not sufficient. c. Both statement TOGETHER are sufficient but statement alone is sufficient .How many minutes are there is time period T? (1) Time period T extends from 12.00 midnight to 12.00 noon.(2) Time period T is 2 hours and 180 seconds long.
A A
B B
C C
D D
A policy document for a money-back policy includes the statement of the proposal and declaration signed by the proposer form the basis of the contract's. In which main section of the policy document will this normally appear?
A Attestation
B Operative clause
C Preamble
D Terms and conditions

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