Question

What makes the process of ascertaining maturity claims and money-back instalment claims straightforward?

a.

The date of maturity and installment payment dates are clearly specified in the policy contract

b.

The policyholder's medical history

c.

The decision of the policyholder to surrender the policy

d.

The policyholder's annuity payments

Posted under IC38 Life Insurance Agent Exam

Answer: (a).The date of maturity and installment payment dates are clearly specified in the policy contract Explanation:Maturity claims and money-back installment claims are easily ascertained because the dates of maturity and installment payments are explicitly laid out in the policy contract.

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Q. What makes the process of ascertaining maturity claims and money-back instalment claims straightforward?
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