MCQOPTIONS
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MCQOPTIONS
| 1. |
When is a Policy, Deemed to be Lapsed? |
| A. | If the Premiums are Not Paid on the Due-Date. |
| B. | If the Premiums are Not paid, Before the Due- Date. |
| C. | If the Premium has Not been paid, even After Expiry of Grace-Period. |
| D. | If the Policy is surrendered. |
| Answer» D. If the Policy is surrendered. | |