In a money back plan, what is the maturity claim payable?

Question

In a money back plan, what is the maturity claim payable?

Sum insured
Sum insured less survival benefits paid already
Bonuses
Nothing is payable

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 2

In a money back plan, maturity claim payable is the sum insured less survival benefits paid already. The insured is entitled to claim the maturity benefits only when the policy is in force and all premiums have been paid duly.

5 views Answered 2022-09-01 13:21