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Doctors Medicines MCQs Q&A

  1. Payable on maturity
  2. Payable on death
  3. Both A & B
  4. Payable at any time during the term of a policy
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1 Answers

Answer: Option 3

Reversionary Bonuses are declared regularly and paid at the end (at the time of claim), i.e. on maturity of policy or death of the person. Hence, option (3) is incorrect.

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