Who gets benefited if a policy is lapsed?

Insurer
Insured
Both Insurer & Insured
None of the above

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 4

A lapsed policy means that the benefit of insurance will not be available to protect the financial interest of the dependants in the event of the death of the insured.

4 views Answered 2022-09-01 13:21

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