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    Banking and Insurance
  4. Exam
    Exam 8: Insurance Terminology and Concepts
  5. Question
    Policy Holders Are Expected to Pay Premium on Due Dates
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Policy Holders Are Expected to Pay Premium on Due Dates

Question 5

Question 5

Multiple Choice

Policy holders are expected to pay premium on due dates a period of 15-30 days is allowed as grace to make payment of premium from the due date is


A) Day of grace
B) Days of indemnity
C) Both
D) None

Correct Answer:

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