Under special revival which is correct?

A It is as though a new policy is issued by altering DOC
B The maturity date also gets altered
C Difference between old and new premium is payable
D All of the above

Correct Answer: All of the above

All the above are correct under special revival.
It is as though a new policy is issued by altering DOC, The maturity date also gets altered and difference between old and new premium is payable.
Bissoy MCQ
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Related Questions

What is the condition for special revival?
A The policy should have loan value
B The policy must not have acquired surrender value
C Either A or B
D Neither A nor B
Under the loan cum revival which of the following is correct?
A The policyholder would pay full arrears of premium with interest like ordinary revival
B The loan granted would be used as a consideration amount and balance only payable
C Both A & B
D None of the above
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
Which is the simplest form of revival?
A Ordinary revival
B Special Revival
C Instalment revival
D Any of the above
When a medical report would be called at the time of revival?
A When the policy is in a lapsed condition for a long period
B If health problem is present
C If the sum assured is high
D All of the above
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
When instalment revival can be availed?
A When policyholder is unable to pay full arrears of premium in lumpsum
B When the policy could not be revived under special revival scheme
C Both A & B
D None of the above
This is a level at which normal issue of material are stopped, but issued under special condition It is ________.
A maximum stock level
B minimum stock level
C danger level
D average stock level
The famous resolution on Non-Cooperation under the inspiration of Mahatma Gandhi was adopted in a special session of Congress held at Calcutta in
A September 1920.
B December 1922.
C October 1924.
D November 1925.
When was the famous Resolution on non-cooperation under the inspiration of Mahatma Gandhi was adopted in a special session of the Congress held in Calcutta?
A September, 1920
B December, 1922
C October, 1924
D November, 1925

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