Question
What does ‘Paid Up’ policy means in
insurance?Solution
A life insurance policy in which if all the premium payments are complete and the insured is free of all payment obligations, the policy stays intact until insured's death or termination of the policy is called paid-up policy. Description: Paid-up policy falls into the category of traditional insurance plans.
More Insurance Awareness Questions
5.5 × 3.2 × 2.3 = ?
15% of 5000 - √900 = ? + 10% of 1800
((8)0- (0.1)-1)/( (6/16)-1 ×(3/2)3+ ((-2)/6)-1) = ?/2
√? × 4 - 374 + 127 + 300 = 117
[(11)2 - (12)2 + (5)3]2 = ?
- 40% of 225 – 25% of 120 = 15% of ?
- Which of the following expressions are equal?
'A' = 81 ÷ 9 × 6 - 27
'B' = (3/2) × (40/3) + 30 ÷ 6
'C' = (40 + 12 - 22) ÷ 6 × 5 382 + 482 + 572 = ? - (81 x 49)
What will come in the place of question mark (?) in the given expression?
(437 + ? - 167) x 2.5 = 875Simplify the given expression.
