Question

Which type of insurance contract provides a guaranteed payout to the policyholder regardless of the occurrence of the insured event?

A Life insurance contract
B Health insurance contract
C Property insurance contract
D Casualty insurance contract
E Annuity contract
Practice Next

Relevant for Exams:

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)