Question

In what situations are survival claims typically payable?

a.

When the policy reaches maturity

b.

When the policyholder decides to surrender the policy

c.

When critical illnesses are covered under the policy

d.

When the insured reaches the pre-decided duration(s) specified in the policy

Answer: (d).When the insured reaches the pre-decided duration(s) specified in the policy Explanation:Survival claims are typically payable when the insured reaches the pre-decided duration(s) specified in the policy, such as reaching the maturity period of the policy or when money-back installments become payable.

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Q. In what situations are survival claims typically payable?

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