1. If a policyholder dies after maturity of a policy
  2. If a policyholder dies during the term of policy
  3. If a policyholder dies after surrendering a policy
  4. If insured dies after Foreclosure of a policy
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1 Answers

Answer: Option 2

When the person assured dies during the Term of the policy i.e. before the date of maturity, proceeds under the policy as a claim, is payable to the beneficiary which is called a Death claim.

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