n NISM Certifications
NSM General NISM
Medium

What is the maturity claim under a participating life insurance plan?

Practice question from IC 38 Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The sum assured plus accumulated bonuses minus outstanding premiums and policy loans and interest

    Correct answer

  2. B

    The sum assured plus accumulated bonuses

  3. C

    The sum assured minus accumulated bonuses

  4. D

    The sum assured plus outstanding premiums

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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