Question

What is the ceiling limit for the premium for all riders put together?

a.

30% of the premium of the basic product

b.

15% of the premium of the basic product

c.

10% of the premium of the basic product

d.

None of the above

Answer: (a).30% of the premium of the basic product Explanation:The ceiling limit of all riders put together is 30% of the premium of the basic product.

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Q. What is the ceiling limit for the premium for all riders put together?

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