Question
What is the period between the date of subscription to
an insurance-cum-pension policy and the time at which the first instalment of pension is received?Solution
Deferment period is a time during which a borrower does not have to pay interest or repay the principal on a loan. Deferment period also refers to the period after the issue of a callable security during which the security cannot be called by the issuer.
More Insurance Awareness Questions
- Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Select the number that can replace the question mark (?) in the following series.
24, 28, 37, 53, 78, ? - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Select the letter-pair that can replace the question mark (?) in the following series?
FK, HM, LQ, RW, ZE, ? - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___
