Question
A document given to an applicant for life insurance
stating that the company’s acceptance is contingent upon determination of the applicant’s insurability is known as?Solution
Life insurance policy receipt issued upon payment of the first premium by an applicant. It makes the policy in force before the policy documents are issued, provided the applicant meets all requirements.is called conditional receipt.
More Insurance Awareness Questions
119 × 13 + 150/100 × 850 =?
14, 20, 29, 44, 65, ?
12, 34, 64, ?, 140, 182
- What will come in place of (?) in the given number series.
729, 243, 81, 27, ?, 3 What will come in place of the question mark (?) in the following series?
48, 291, ?, 399, 408, 411
2 3 5 9 ? 33
...23, 28, 38, 49, 62, ?
25 54 ? 228 460 924
...78 79 75 84 ? 93 57
...114, 115, 118, 127, ?, 235
