Vidyalelo
Commerce · Q870

Insurance

Graduate and Post Graduate · Commerce · question 870

Q870

Specific policy provisions may contain –

A.
Plan and Term
B.
Clause
Answer
C.
Rights/Privileges
D.
Policy Number

Answer: Option B

Solution

Answer: Option B
Solution:
Specific policy provisions may contain Clause. The clause that contains the basic promise of the life insurance company to pay a specified sum of money to a beneficiary upon the death of the insured.