New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What does the preamble of an insurance policy NOT

    typically include?
    A Names of the contracting parties Correct Answer Incorrect Answer
    B Policy exclusions Correct Answer Incorrect Answer
    C The sum insured Correct Answer Incorrect Answer
    D The premium amount Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The preamble of an insurance policy typically includes:

    • Names of the contracting parties
    • Policy number
    • Sum insured
    • Premium amount
    • Type of insurance

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