1. When policyholder is unable to pay full arrears of premium in lumpsum
  2. When the policy could not be revived under special revival scheme
  3. Both A & B
  4. None of the above
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1 Answers

Answer: Option 3

Instalment revival can be availed when policyholder is unable to pay full arrears of premium in lumpsum and when the policy could not be revived under special revival scheme.

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