New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The amount charged by the insurer to provide the life

    cover to policy holder on the life of the life Insured is known as?
    A Mortality Charge Correct Answer Incorrect Answer
    B Premium Charge Correct Answer Incorrect Answer
    C Term Charge Correct Answer Incorrect Answer
    D Policy Charge Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as Mortality Charge.

    Practice Next