Question

What is the "MEDICAL-SUM-AT-RISK"?

a.

The total sum assured under all policies and riders (except Premium Waiver Benefit and Accident Benefit) on one life issued by the insurer with whom the client is applying within a period of 24 months

b.

The total face value of the policy

c.

The amount of insurance with other insurance companies

d.

The sum-at-risk of lapsed policies (if any)

Answer: (a).The total sum assured under all policies and riders (except Premium Waiver Benefit and Accident Benefit) on one life issued by the insurer with whom the client is applying within a period of 24 months Explanation:The "MEDICAL-SUM-AT-RISK" as the total sum assured under all policies and riders (except Premium Waiver Benefit and Accident Benefit) on one life issued by the insurer with whom the client is applying within a period of 24 months.

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Q. What is the "MEDICAL-SUM-AT-RISK"?

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