Vidyalelo
Commerce · Q883

Insurance

Graduate and Post Graduate · Commerce · question 883

Q883

Under special revival which is correct?

A.
It is as though a new policy is issued by altering DOC
B.
The maturity date also gets altered
C.
Difference between old and new premium is payable
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
All the above are correct under special revival.
It is as though a new policy is issued by altering DOC, The maturity date also gets altered and difference between old and new premium is payable.