Question

What do you mean by money back policy in insurance?

A Financial instrument that offers periodic payouts at specified intervals along with a payout in the event of the death of the policyholder
B It is defined by insurance companies as an event that occurs solely as a result of an accident.
C It offers coverage in the form of sum assured against the losses incurred other than the death of the policyholder
D It provides financial protection against any loss of personal property.
E None of these
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)