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    Question

    Which of the term is the used when a policy has lapsed

    due to non-payment of premium?
    A Policy Backed Correct Answer Incorrect Answer
    B Policy Unforced Correct Answer Incorrect Answer
    C Policy in variance Correct Answer Incorrect Answer
    D Policy not in force Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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