New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.

    A Convertible Insurance Correct Answer Incorrect Answer
    B Contract Liability Correct Answer Incorrect Answer
    C Contractual Liability Correct Answer Incorrect Answer
    D Contingent Policy Correct Answer Incorrect Answer

    Solution

    A term policy that can be converted to permanent coverage rather than expiring on a specific date is called Convertible Insurance.

    Practice Next