MCQOPTIONS
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| 1. |
On foreclosure of a policy, which of the following is incorrect? |
| A. | othing is payable to the policyholder |
| B. | xcess amount (subsisting cash value after deducting loan/interest) is payable |
| C. | otice has to be given to the policyholder by the insurer |
| D. | one of the above |
| Answer» B. xcess amount (subsisting cash value after deducting loan/interest) is payable | |