Q72
What normally happens to the sum insured under a life insurance policy once the period of the lien expires?
A.
It reduces
B.
It increases
AnswerC.
It is temporarily suspended
D.
It is replaced by a newly-underwritten sum insured
Answer: Option B
Solution
Answer: Option B
Solution:
The sum insured under a life insurance policy once the period of the lien expires it increases.